Chengdu B-Ray Media Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 28, 2021 at 11:00 am EDT
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Chengdu B-ray Media Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 481.697 million compared to CNY 379.436 million a year ago. Operating income was CNY 124.086 million compared to CNY 70.812 million a year ago. Net income was CNY 85.662 million compared to CNY 66.044 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.06 a year ago.
Chengdu B-ray Media Co.,Ltd. is mainly engaged in traditional media business, outdoor advertising business, new media business and financial business. Traditional media business includes printing, issuing and delivery, newspaper advertising and related business. Outdoor advertising business includes various types of outdoor advertising, such as city surrounding highway advertising, square advertising and bus stop advertising boards, as well as agent advertising business. New media business includes the development and operation of online games. Financial business includes small loan and guarantee financing services. The Company also involves in the provision of education, property rental and management and other services through its subsidiaries.