Zhejiang Publishing & Media Co., Ltd.: First Quarter Report for 2026

SZSIApr 29 00:00 · Announcements

Announcement by Zhejiang Publishing & Media Co., Ltd. on Key Operating Data for the First Quarter of 2026

SZSIApr 29 00:00 · Announcements

First Quarter Report of Zhejiang Publishing & Media Co., Ltd. for 2026

SZSIApr 29 00:00 · Announcements

Zhejiang Publishing Media (601921.SH) reported a net profit of 130 million yuan in the first quarter, representing a year-on-year decline of 19.22%.

According to the report by Gelonghui on April 28, Zhejiang Publishing Media (601921.SH) released its Q1 2026 financial report. The company achieved operating revenue of 2.45 billion yuan in the first quarter, representing a year-on-year decline of 7.62%; net profit attributable to shareholders was 130 million yuan, marking a year-on-year decrease of 19.22%; non-recurring net profit attributable to shareholders was 77.8096 million yuan, reflecting a year-on-year drop of 42.34%. Basic earnings per share were 0.0587 yuan.

Gelonghui FinanceApr 28 17:30

Zhongtai Securities: The HALO framework reevaluates the value of scarcity assets, and the commercial value of publishing companies is expected to be reassessed.

The bank is optimistic about investment opportunities in companies with well-established offline channel systems and significant content advantages in niche fields.

Zhitong FinanceApr 3 10:27

Zhejiang Media Group's revenue reached 10.544 billion yuan in 2025, with online sales accounting for over 27% for the first time.

Online sales accounted for 27.08%, marking a significant increase, while R&D expenses surged by 71.92%. The company is transitioning towards a dual-driven model focusing on content and channel innovation.

lanjinger.comApr 1 16:03