SinoMedia 2008 Net Profit Up 185%
Sinomedia PR, 4/17/09
Chinese advertising agency SinoMedia Holding (0623.HK), the advertising agency for China's national broadcaster CCTV, has announced its financial results for 2008, with net revenues reaching RMB 558.36 mln, up 53.1% year-on-year.
Net income for the year came to RMB 120.8 mln, up 185% YoY.
Revenues for the year from CCTV were RMB 553.0 mln, up 60% YoY, and revenues from regional TV stations were RMB 17.7 mln, down 23% YoY.
To see SinoMedia's full earnings report, please click here.
Keywords: TV advertising 0623.HK CCTV fiscal report SinoMedia television profit revenue
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