Songcheng Performance publishes its 2019

【作者】:佚名【来自】:Department of Investment Securities【点击数】:【更新时间】:2019-08-22

 

Songcheng Performance publishes its 2019 semiannual report on 22nd August 2019. During the reporting period, the company’s total revenue is RMB 1.42 billion, with RMB 785.11 million net profits belong to shareholders of public company. In terms of major business, the total revenue is RMB 1.03 billion with a year on year growth rate of 15.99%, and a CAGR of 21.49% for recent five years. Net profits belonging to shareholders of public company is RMB 544.9 million with a year on year growth rate of 13.28% and a CAGR of 25.8% for recent five years.

 

 

In the first half of 2019, Songcheng Performance has been awarded the “National Top 30 Cultural Enterprises” for ten consecutive years. President Xian Zhang was also awarded the “2018 Annual Person of Chinese Cultural Industry”. The company has kept practicing its vision of promoting the essence of Chinese traditional folk culture, for which it gained wide recognition from all sectors of society. During the reporting period, Songcheng Performance has become one of the first GEM companies included in the MSCI index.