Ciwen Media Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 05:41 am EDT
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Ciwen Media Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 850.907 million compared to CNY 1,330.075 million a year ago. Operating income was CNY 95.506 million compared to CNY 308.582 million a year ago. Net income was CNY 89.891 million compared to CNY 245.475 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.52 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.