Zhewen Pictures Group Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 07:20 am EDT
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Zhewen Pictures Group co.,ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,692.687 million compared to CNY 3,035.439 million a year ago. Operating loss was CNY 1,030.464 million compared to CNY 937.922 million a year ago. Net loss was CNY 1,022.123 million compared to CNY 965.747 million a year ago. Basic loss per share from continuing operations was CNY 1.14 compared to CNY 1.08 a year ago.
Zhewen Pictures Group Co Ltd, formerly Jiangsu Lugang Culture Co Ltd, is principally engaged in the manufacture and distribution of knitted woolen yarns and worsted woolen fabrics. The Company primarily provides worsted yarns, semi-worsted yarns and worsted woolen fabrics. Its products are applied in the manufacture of shirts, suits and others. The Company is also engaged in the production and distribution of traditional television (TV) series, the investment and distribution of movies, as well as the development, production and distribution of new media products such as network dramas. Through its subsidiaries, the Company also engages in hotel business. The Company conducts its businesses in domestic and overseas markets.
ZHEWEN PICTURES GROUP CO.,LTD 
