China Television Media, Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 02:00 pm
Share
China Television Media, Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 282.557 million compared to CNY 381.620 million a year ago. Operating loss was CNY 81.166 million compared to operating Income of CNY 90.171 million a year ago. Net loss was CNY 55.791 million compared to net income of CNY 63.568 million a year ago. Basic loss per share from continuing operations was CNY 0.14 compared to basic earnings per share from continuing operations of CNY 0.16 a year ago.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.