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Times Publishing 2024 Annual Report Summary
Full text of Times Publishing\'s 2024 Annual Report
Times Publishing 2024 Major Operating Data Announcement
Time Publishing And Media (600551.SH): The net income in 2024 is expected to decrease by 28.02% year-on-year, proposing a dividend of 3 yuan for every 10 shares.
On April 11, Gelonghui announced that Time Publishing And Media (600551.SH) released its annual report for 2024. During the reporting period, the company achieved revenue of 8.331 billion yuan, a year-on-year decrease of 3.61%. It realized a Net income attributable to shareholders of the listed company of 0.4 billion yuan, a year-on-year decrease of 28.02%. The decrease in Net income attributable to shareholders of the listed company is mainly influenced by changes in the corporate income tax policy for cultural enterprises. During the reporting period, the company reversed the relevant deferred tax assets and liabilities related to the 2023 fiscal year. This matter is a one-time adjustment and does not affect the company's pre-tax profits and cash flow. Excluding the impact of this income tax.
Time Publishing And Media (600551.SH): Received a government subsidy of 74.1538 million yuan.
Gelonghui, April 11 – Time Publishing And Media (600551.SH) announced that, according to Statistics from the auditing agency hired for the 2024 fiscal year, the company and its subsidiaries received a total of 74.1538 million yuan in government subsidies for 2024, all of which are related to income, accounting for 18.31% of the company's audited Net income for 2024.
Time Publishing And Media (600551.SH): Has considered connecting and deploying AI-related applications.
Gelonghui reported on March 13 that Time Publishing And Media (600551.SH) stated on the investor interaction platform that the company has considered integrating and deploying applications related to AI.
Time Publishing and Media Co., Ltd. (SHSE:600551) Held Back By Insufficient Growth Even After Shares Climb 36%
