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|
|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.