Jishi Media Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:16 am
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JiShi Media Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,283.974 million compared to CNY 1,389.988 million a year ago. Operating income was CNY 1.186 million compared to CNY 114.674 million a year ago. Net income was CNY 40.241 million compared to CNY 109.109 million a year ago. Basic earnings per share from continuing operations was CNY 0.0129 compared to CNY 0.0351 a year ago.
JiShi Media Co., Ltd. is a China-based company principally engaged in the cable television service business. The Company operates its business through planning, building, operation, management and maintenance of cable television network, as well as the receiving, transmitting and transfer of broadcasting television programs. The Company operates through four segments: Broadcasting and Television (TV) Basic Transfer segment; Digital TV Value-added Services segment, which includes cable pay-per-view digital television program, video-on-demand, television bank and high definition digital television; Broadband Bi-direction Interactive segment; and Cable TV Network-based Network Service segment, including multi-media releasing system, video conference, high definition monitoring, special channel, network interconnection, data transmission and other information special access services. The Company operates its business mainly in Jilin province, China.