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sinomedia holding ltd (623) Details

SinoMedia Holding Limited, an investment holding company, provides television (TV) advertisement, creative content production, and digital marketing services for advertisers and advertising agents in China and internationally. The company operates through TV Advertising and Content Operations; and Digital Marketing and Internet Media segments. The TV Advertising and Content Operations segment’s business include TV media resources management that covers programs, such as news, politics, agriculture, culture, and lifestyle; integrated communication services, which cover enterprises and tourist destinations, and advertising placement and agency businesses; and content operations that include creative production, video shooting, public service advertising videos, and documentary and documentary films. The Digital Marketing and Internet Media segment engages in the digital marketing business. This segment operates iBCP, an intelligent programming advertising placement platform; wugu.com.cn, an agricultural information services platform; lotour.com, a travel inspiration site; and boosj.com, an online platform related to dance and Internet-based content. The company’s businesses also include content production and operations, CCTV media resources management, public service advertising broadcast network, and overseas media. SinoMedia Holding Limited was founded in 1999 and is based in Beijing, China.

460 Employees
Last Reported Date: 09/19/17
Founded in 1999

sinomedia holding ltd (623) Top Compensated Officers

Founder, Chief Executive Officer and Executiv...
Total Annual Compensation: CNY2.0M
Total Annual Compensation: CNY1.3M
Chief Internal Control Officer and Executive ...
Total Annual Compensation: CNY1.4M
Compensation as of Fiscal Year 2016.
sinomedia holding ltd
SinoMedia Holding Limited Provides Group Earnings Guidance for the Year Ended December 31, 2017

SinoMedia Holding Limited provided group earnings guidance for the year ended December 31, 2017. The board of directors of the company based on the preliminary assessment of the latest unaudited consolidated management accounts of the group, expected to record a profit attributable to equity shareholders of the company in the range of RMB 80 million to RMB 100 million for the year ended 31 December 2017 as compared to the loss attributable to equity shareholders of the company of approximately RMB 27 million recorded for the corresponding period in 2016. Based on information currently available, the expected turnaround from loss to profit for the year ended 31 December 2017 is mainly due to increased investment in market development and optimizing in marketing strategies; and improvement in operational efficiency by adjusting the less efficient business of the Group.

Sinomedia Holding Limited Announces Address Change

SinoMedia Holding Limited announced that with effect from November 20, 2017, the address of the Company's Hong Kong share registrar and transfer agent, Boardroom Share Registrars (HK) Limited, will be changed to Room 2103B, 21/F, 148 Electric Road, North Point, Hong Kong.

SinoMedia Holding Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017

SinoMedia Holding Limited reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported revenue of RMB 689,058,000 against RMB 581,876,000 a year ago. Profit from operations was RMB 18,579,000 against loss from operations of RMB 71,888,000 a year ago. Profit before taxation was RMB 5 18,368,000 against loss before taxation of RMB 69,608,000 a year ago. Profit for the period was RMB 7,585,000 against loss for the period of RMB 60,327,000 a year ago. Profit for the period attributable to equity shareholders of the company was RMB 9,518,000 against loss for the period attributable to equity shareholders of the company of RMB 56,465,000 a year ago. Basic and diluted earnings share was RMB 0.018 against basic and diluted loss share of RMB 0.103 a year ago. Net cash generated from operating activities was RMB 132,077,000 against RMB 18,638,000 a year ago, which was mainly because of due to the changes in the media cost settlement cycle, the balance of the Group's prepayments of advertising agency cost and deposits to media suppliers reduced by RMB 86,644,000 compared with the end of the last year; an increase in the revenue made the advances from customers rise by about RMB 85,229,000 compared with the end of last year. Payment for purchase of property, plant and equipment was RMB 991,000 against RMB 282,000 a year ago.


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