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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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