Hunan TV & Broadcast H1 2011 Profit Up 1,936% YoY
Shenzhen Stock Exchange, 8/31/11
Hunan TV & Broadcast Intermediary (000917.SZ) today released its financial results for H1 2011, with revenue down 62.1% YoY to reach RMB 1.18 bln. The drop in revenue was attributed to the fact that Hunan TV & Broadcast Intermediary ceased to be the exclusive advertising agency for Hunan TV in 2011.
Net income attributable to shareholders rose 1,936% YoY to RMB 407 mln.
H1 2011 Revenue Breakdown
| Business | Revenue (RMB/Mln) | YoY Change |
|---|---|---|
| TV Advertising | 295 | -87.85% |
| Film & TV Production | 17 | 228.81% |
| Cable TV Services | 706 | 19.79% |
Editor's Note: For more information on this topic, please see "Hunan TV & Broadcasting Estimates H1 2011 Profit Up 2,050% YoY," MD 7/13/11 issue.
Keywords: TV content production film TV advertising profit revenue television cable TV Hunan TV Hunan TV & Broadcast Intermediary 000917.SZ H1 2011 fiscal report
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