China Television Media, Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 04:02 am EDT
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China Television Media, Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 531.744 million compared to CNY 489.977 million a year ago. Operating income was CNY 105.961 million compared to CNY 108.791 million a year ago. Net income was CNY 75.794 million compared to CNY 77.434 million a year ago. Basic earnings per share from continuing operations was CNY 0.191 compared to CNY 0.195 a year ago.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.