Tvzone Media Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 06:04 am EDT
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TVZone Media Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 176.095 million compared to CNY 185.464 million a year ago. Operating loss was CNY 10.790 million compared to CNY 12.519 million a year ago. Net loss was CNY 10.134 million compared to CNY 11.648 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to CNY 0.09 a year ago.
TVZone Media Co., Ltd. is a China-based company which is mainly engaged in the production and distribution of television and video programs. The Company mainly has two business segments: Video Programs and Related Services Business segment and Teleplay Broadcast Operation Business segment. The Video Programs and Related Services Business segment is mainly engaged in the production and distribution of television, internet and mobile internet video contents and others, such as variety shows, documentary story programs, column dramas and others. The Teleplay Broadcast Operation Business segment is mainly engaged in purchase teleplays for local channels, and provides choreography services, promo production, publicity and planning services.