Zhejiang Huace Film & TV Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022
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Zhejiang Huace Film & TV Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 470.78 million compared to CNY 1,400.1 million a year ago. Revenue was CNY 470.78 million compared to CNY 1,400.1 million a year ago. Net income was CNY 113.98 million compared to CNY 137.16 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago.
ZHEJIANG HUACE FILM & TV CO., LTD. is a China-based company principally engaged in the provision and operation of movies and television (TV) entertainment contents. The Company is mainly engaged in the production, distribution and operation of Internet dramas, variety shows and movies. The Company is also involved in creative artist agency, game licensing, as well as the investment, management and operation of cinemas. The Company operates its business mainly in domestic market.