Zhongnan Red Culture Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:33 am EDT
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Zhongnan Red Culture Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 319.7 million compared to CNY 264.78 million a year ago. Revenue was CNY 319.7 million compared to CNY 264.78 million a year ago. Net income was CNY 371.23 million compared to net loss of CNY 511.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to basic loss per share from continuing operations of CNY 0.37 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to diluted loss per share from continuing operations of CNY 0.37 a year ago.
Zhongnanhong Culture Group Co., Ltd., formerly Jiangyin Zhongnan Heavy Industries Co., Ltd., is a China-based company, principally engaged in culture and media business. The Company operates its businesses through two segments. The Culture business segment is engaged in the investment, plan, manufacture, publication and distribution of television and film projects and derived business, artist management, copyright development and operation, game production and distribution and equity investment. The Manufacturing Business segment is engaged in the manufacture and distribution of pipe fittings, flanges and pressure vessels. The Company distributes its products within domestic market and to overseas markets.
JIANGYIN ZHONGNAN HEAVY INDUSTRIES CO.,LTD 
