Chengdu B-Ray Media Co.,Ltd. Provides Earnings Guidance for the Year 2018
January 27, 2019
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Chengdu B-ray Media Co.,Ltd. provided earnings guidance for the year 2018. For the period the company predicts a loss in its net profit belonging to shareholders of the listed company in 2018, with the net profit belonging to shareholders of the listed company to be between negative of RMB 690 million and RMB 820 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between negative of RMB 830 million and RMB 960 million.
Chengdu B-ray Media Co.,Ltd. is mainly engaged in traditional media business, outdoor advertising business, new media business and financial business. Traditional media business includes printing, issuing and delivery, newspaper advertising and related business. Outdoor advertising business includes various types of outdoor advertising, such as city surrounding highway advertising, square advertising and bus stop advertising boards, as well as agent advertising business. New media business includes the development and operation of online games. Financial business includes small loan and guarantee financing services. The Company also involves in the provision of education, property rental and management and other services through its subsidiaries.