Ciwen Media Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 11:02 am
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Ciwen Media Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,171.427 million compared to CNY 1,435.030 million a year ago. Operating income was CNY 174.030 million compared to operating loss of CNY 1,058.121 million a year ago. Net income was CNY 164.724 million compared to net loss of CNY 1,094.302 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to basic loss per share from continuing operations of CNY 2.3 a year ago.
Ciwen Media Co., Ltd., formerly ZHEJIANG HEXIN INDUSTRY GROUP CO., LTD is a China-based company, principally engaged in the investment, manufacture and publication of movie and television plays, and derivative business. The Company is also engaged in the research, development and promotion of games, artist brokerage business and the provision of information technology. The Company distributes its products within domestic market and to overseas markets.
CIWEN MEDIA CO.,LTD. 
