Kaiser China Culture Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 09:26 am
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Kaiser China Culture Co., LTD announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 305.322 million compared to CNY 432.417 million a year ago. Operating income was CNY 118.211 million compared to CNY 193.133 million a year ago. Net income was CNY 117.467 million compared to CNY 180.287 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.22 a year ago.
Kaiser China Culture Co Ltd is a company mainly engaged in cultural and entertainment business. The Company operates two segments: Pan Culture and Entertainment Business segment and Clothing Business segment. The Pan Culture and Entertainment Business segment specifically includes copyright operation, online game research and development (R&D) and operation, etc. The R&D and operation of online games are mainly mobile online games. The copyright operation refers to the development of IP copyrights such as best-selling literary works, film and television copyrights or animation copyrights into games, animation, TV dramas, film and television products. The Clothing Business segment is mainly engaged in the sales of finished clothing.