Hubei Radio & Television Information Network Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 20, 2020 at 05:22 am EDT
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Hubei Radio & Television Information Network Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,073.756 million compared to CNY 1,257.388 million a year ago. Operating loss was CNY 14.679 million compared to operating Income of CNY 127.207 million a year ago. Net loss was CNY 17.396 million compared to net income of CNY 131.129 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.14 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.12 a year ago.
Hubei Radio & Television Information Network Co., Ltd. is a China-based company principally engaged in the provision of integrated information services based on Community Antenna Television (CATV) broadband network. The Company mainly operates its businesses through digital television (TV), high definition interactive TV, broadband access, value-added services as well as TV plus Internet application services. The Companyâs value added services include data broadcasting, TV transport, medical TV, TV education, social security TV, smart TV bookstore, home entertainment, TV payment and TV shopping mall services, among others. The Company also provides private network services, industry information application construction services, public cultural services and telecom universal services. The Company mainly operates its business in Hubei Province, China.