Ciwen Media Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 08:02 am EDT
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Ciwen Media Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 338.012 million compared to CNY 850.907 million a year ago. Operating loss was CNY 26.129 million compared to operating Income of CNY 95.506 million a year ago. Net loss was CNY 18.282 million compared to net income of CNY 89.891 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.19 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.
CIWEN MEDIA CO.,LTD. 
