Focus Media Information Technology's Q3 Profit Rises 8%

MT Newswires Live

2024/10/29

Focus Media Information Technology's (SHE:002027) attributable profit rose 7.6% year over year to 1.47 billion yuan in the third quarter, according to a Tuesday filing with the Shenzhen Stock Exchange.

Earnings per share at the advertising company increased 7.6% year over year to 0.1021 yuan.

Operating income grew 4.3% year over year to 3.29 billion yuan.

Shares slid 1% during Tuesday's trading.

Price (RMB): ¥7.39, Change: ¥-0.11, Percent Change: -1.47%

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