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Xinhua Winshare Reports Strong 2024 Operating Statistics

Story Highlights
  • Xinhua Winshare operates in publishing and media, focusing on educational and general books.
  • The company reported strong 2024 performance with high turnover and profit margins.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xinhua Winshare Reports Strong 2024 Operating Statistics

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Xinhua Winshare Publishing & Media Co ( (HK:0811) ) just unveiled an announcement.

Xinhua Winshare Publishing & Media Co., Ltd. has announced its principal operating statistics for 2024, highlighting its performance across publishing and distribution business segments. The company reported a total turnover of RMB 298,025.94 for its publishing business and RMB 1,086,701.47 for its distribution business. The gross profit margin for textbooks and supplementary materials in the publishing segment was 43.09%, while the distribution segment recorded a margin of 36.50%. These figures reflect the company’s strong market positioning in educational and general book sectors, indicating robust operational performance and strategic focus on educational resources.

More about Xinhua Winshare Publishing & Media Co

Xinhua Winshare Publishing & Media Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the publishing and media industry, focusing on the publishing of books, journals, audio-visual, and digital products. It also provides printing services and materials, and engages in the distribution of textbooks and educational materials to schools, as well as retailing and online sales of publications.

YTD Price Performance: -11.51%

Technical Sentiment Signal: Sell

Current Market Cap: $2.17B

For detailed information about 0811 stock, go to TipRanks’ Stock Analysis page.

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