[ad_1]
Beijing, November 30, 2021 /PRNewswire/–New media performance marketing leader Joy Spreader Group Inc. (“Joy Spreader” or “Company”, stock code: 06988.HK) issued an announcement November 29 Disclosure of unaudited financial and operating data up to nine months September 30, 2021The announcement shows that Joy Spreader continues to maintain strong growth and achieve revenue HK$945 million (About $121 million) And gross profit HKD 331 million In the first nine months of 2021, year-on-year growth of 61.1% and 94.5% respectively.
- Steady growth in revenue, gross merchandise value (GMV) and short video (SFV) e-commerce marketing business revenue hit a new high
The announcement shows that Joy Spreader’s revenue has maintained steady growth, with revenue reaching HK$945 million In the first three quarters of 2021, higher than the full-year revenue of 2020 (HK$924 million).Driven by the significant increase in the number of active marketing points on the Douyin short video platform and the average gross merchandise value (GMV) of each marketing point, Joy Spreader’s short video e-commerce product marketing business achieved a cumulative GMV of HKD 897 million In the first three quarters of 2021, it is 3.5 times that of the same period last year; and realizes operating income HK$194 million, An increase of 4 times compared with the same period last year.
- Gross profit margin was 35.1% in the first three quarters, and profitability increased steadily
As a leader in the new media effects marketing industry, Joy Spreader’s profitability reflects both its strong business capabilities and its technological advancement.
The full story on Benzinga.com
[ad_2]
Source link
