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Focus Media's revenue in the first quarter was 2.7 billion: an increase of 6% year-on-year, and the net profit was 1.04 billion

author:Thunder delivery
Focus Media's revenue in the first quarter was 2.7 billion: an increase of 6% year-on-year, and the net profit was 1.04 billion

Lei Jianping on April 30

Focus Media Information Technology Co., Ltd. (stock code: 002027, stock abbreviation: Focus Media) released its financial report yesterday. According to the financial report, Focus Media's revenue in the first quarter of 2024 will be 2.73 billion, an increase of 6% from 2.575 billion yuan in the same period last year.

Focus Media's revenue in the first quarter was 2.7 billion: an increase of 6% year-on-year, and the net profit was 1.04 billion

Focus Media's government subsidy in the first quarter of 2024 is 103 million yuan.

Focus Media's net profit for the first quarter of 2024 was 1.04 billion yuan, an increase of 10.50% from 941 million yuan in the same period last year.

As of March 31, 2024, Jiang Nanchun, Chairman and CEO of Focus Media, held 23.72% of the shares through Media Management Hong Kong Limited, 11.36% of the shares held by Hong Kong Securities Clearing Co., Ltd., 6.13% of the shares held by Hangzhou Haoyue Enterprise Management Co., Ltd., 1.71% of the shares held by Gio2 Hong Kong Holdings Limited, and J. P. Morgan Securities PLC - 1.1% with its own funds;

Focus Media's revenue in the first quarter was 2.7 billion: an increase of 6% year-on-year, and the net profit was 1.04 billion

As of March 31, 2024, Focus Media's shareholding structure

Giovanna Investment Hong Kong Limited holds 1.04% of the shares, the National Social Security Fund 109 Portfolio holds 0.82%, the Industrial and Commercial Bank of China Co., Ltd. - Huatai Pinebridge CSI 300 ETF Securities Investment Fund holds 0.76%, the National Social Security Fund 115 Portfolio holds 0.66%, and Jiang Zhongmin holds 0.63%.

阿里网络与 Gio2(HK)、Giovanna Investment(HK)系一致行动人。

As of December 31, 2023, Jiang Nanchun, Chairman and CEO of Focus Media, held 23.72% of the shares through Media Management Hong Kong Limited, 14.12% of the shares of Hong Kong Securities Clearing Co., Ltd., 6.13% of Alibaba (China) Network Technology Co., Ltd., and 1.71% of Gio2 Hong Kong Holdings Limited , BNP Paribas - 1.21% held by its own funds;

Focus Media's revenue in the first quarter was 2.7 billion: an increase of 6% year-on-year, and the net profit was 1.04 billion

As of December 31, 2023, Focus Media's shareholding structure

Giovanna Investment Hong Kong Limited持股为1.04%,J.P.Morgan Securities PLC-自有资金持股为1.01%,全国社保基金一零九组合持股为0.69%,蒋中敏持股为0.62%,全国社保基金一一五组合持股为0.62%。

The comparison shows that among the shareholders, Alibaba (China) Network Technology Co., Ltd. has changed its main body and become Hangzhou Haoyue Enterprise Management Co., Ltd., and the shareholding of Hong Kong Securities Clearing Co., Ltd. has decreased by 2.76 percentage points.

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