Chengdu B-Ray Media Co., Ltd. Provides Earnings Guidance for the Year 2019
January 14, 2020
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Chengdu B-ray Media Co.,Ltd. announced that according to preliminary statistics of its financial department, it is predicted that the company will turn losses into gains in its the net profit belonging to shareholders of the listed company in 2019 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about RMB 65 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 40 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.