HUAYI announced annual net profit of 153 million yuan year-on-year growth of 80.5%

The Huayi Brothers released their 2010 annual Performance letters yesterday. The company achieved net profit of 153 million yuan, an increase of 80.5% over a year earlier, the express showed.　　Huayi Brothers will disclose the official annual report on March 11, the company shares at 28.23 Yuan yesterday, Rose 3.44%. Huayi Brothers said that the reason is mainly the company's main business development, market size expansion, especially the dramatic growth of film business, as well as "all entertainment" media brand market competitiveness.　　Huayi Brothers Overall operating performance continued to grow, the company to create a comprehensive entertainment media group strategy to accelerate the pace, greatly boosting market confidence. In the 2010, Huayi Brothers reformed the field of music, entered cinemas, mobile phones and PC games, and introduced Kitty amusement park to test water animation.　　Recently, Huayi confirmed the investment in Shanghai Jiading to build cultural city, as another major business plate "cultural tourism" landing, the content channel to further open to the "big entertainment, big culture" strategic objectives further. Industry analysts believe that the synergy between the various business sectors of the company's contribution to profitability in 2011 began to show, 2012 years later, the performance growth further accelerated, will significantly enhance the content of the multi-party liquidity and the company's overall profitability, with the same industry-related companies to further widening the gap,　　Huayi is expected to play within 3 years as China's first integrated entertainment media group. China Securities Daily