Companies

Listed media enterprises vary in business performance for Q3

BEIJING
2015-10-27 10:48

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48 listed media enterprises publicized their business reports for the third quarter of 2015.

Out of the 48 enterprises, 33 enterprises or 69 percent recorded positive growth, and 15 enterprises saw negative growth or ran in the red. Meanwhile, four enterprises witnessed over 1,000 percent growth in net profits, and six saw their net profits declined in the period.

The video production enterprises, gaming enterprises and cable TV enterprises achieved outstanding performances in the third quarter. Other hotspots of the media block include IP concept enterprises, online education enterprises, Internet finance enterprises, mobile gaming enterprises and digital marketing enterprises.

Analysts suggested that investors shall keep focusing on the enterprises with quality intellectual properties and channels to cash in the intellectual properties, such as ChineseAll Digital Publishing Group Co., Ltd. (300364.SZ), Zhejiang Talent Television & Film Co., Ltd. (300426.SZ), Wanda Cinema Line Co., Ltd. (002739.SZ), Shanghai New Culture Media Group Co., Ltd. (300336.SZ) and Guangdong Alpha Animation and Culture Co., Ltd. (002292.SZ).

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