Ciwen Media Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 02:01 pm
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Ciwen Media Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 674.196 million compared to CNY 1,171.427 million a year ago. Operating loss was CNY 355.034 million compared to operating Income of CNY 174.030 million a year ago. Net loss was CNY 350.891 million compared to net income of CNY 164.724 million a year ago. Basic loss per share from continuing operations was CNY 0.74 compared to basic earnings per share from continuing operations of CNY 0.35 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. 
