Hengdian Entertainment Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 03:40 pm EDT
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Hengdian Entertainment Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,386.176 million compared to CNY 1,465.386 million a year ago. Operating income was CNY 208.307 million compared to CNY 285.371 million a year ago. Net income was CNY 173.238 million compared to CNY 227.234 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.36 a year ago.
Hengdian Entertainment Co., Ltd. is a China-based company mainly engaged in cinema releasing, film screening and related derivative business. The Company mainly has four business segments. The Film Screening Business segment is mainly engaged in sales of film tickets and related business through its affiliated cinemas. The Sales Business segment is mainly engaged in research and development of cinema products and related business. The Advertising Business segment is mainly engaged in the provision of venue advertising and film patch advertising and other related services. The Cinema Distribution Business segment is mainly engaged in the provision of cinema services through its cinema chains. The Companyâs major releasing films include Top Funny Comedian, Rock Hero, Ten Thousand Years Later, Love Will Tear Us Apart and others.
HENGDIAN ENTERTAINMENT CO.,LTD 
