Home » Gehua Cable’s Q1 net profit reached 97.6901 million yuan, a year-on-year turnaround | DVBCN

Gehua Cable’s Q1 net profit reached 97.6901 million yuan, a year-on-year turnaround | DVBCN

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Gehua Cable’s Q1 net profit reached 97.6901 million yuan, a year-on-year turnaround | DVBCN

On April 28, Beijing Gehua Cable Network Co., Ltd. announced its first quarterly report for 2022.

After sorting out by DVBCN, Gehua Cable achieved a total operating income of 520 million yuan in the first quarter of this year, a year-on-year decrease of 4.34%, and 543 million yuan in the same period last year; its net profit attributable to shareholders of listed companies was 97.6901 million yuan, compared to the same period last year. Loss of 8.5951 million yuan.

According to the data, by the end of 2021, its cable TV subscribers will be 4 million (6.13 million registered users), 3.756 million high-definition interactive subscribers (5.5 million registered users), about 2 million 4K ultra-high-definition subscribers, and broadband 446,000 paying users. By the end of 2021, Gehua digital cable TV channels will have 225 sets, including 149 sets of standard definition channels, 72 sets of high-definition channels, 3 sets of 4K ultra-high-definition channels, and 1 set of 8K ultra-high-definition channels.

Regarding the business plan for 2022, Gehua Cable said that it will focus on the “circle center strategy”, grasp the general development trend of the industry, make full use of the 5G empowerment policy, actively develop new businesses and expand new markets, and strive to achieve new breakthroughs in new 5G businesses.

We will go all out to do a good job in the preparation of 5G account assignment, user promotion and combined marketing, and create a Beijing model for the development of radio and television 5G business. Important will work around:

The first is to ensure the delivery of the computer room and speed up the construction of the core network and bearer network. The second is to strengthen communication and coordination with the Beijing Municipal Bureau of Communications and the three operators, and actively promote the completion of the interconnection work of China Radio and Television. The third is to cooperate with the establishment of a national customer service system and strengthen the construction of local customer service. The fourth is to take the lead in building a 5G flagship business hall in accordance with China Radio and Television standards. The fifth is to start the cloud BOSS upgrade, and comprehensively do a good job in system docking. Sixth, make preparations for publicity and warm-up, and reconstruct the new marketing system. Seventh, seize the opportunity of 5G in radio and television and vigorously develop 5G government and enterprise business.

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