China Communications Media Group Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 05:00 am EST
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China Communications Media Group Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2.43 million compared to TWD 1.43 million a year ago. Net loss was TWD 114.8 million compared to net income of TWD 1.93 million a year ago. Basic loss per share from continuing operations was TWD 4.71 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 4.71 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 5.94 million compared to TWD 4.57 million a year ago. Net loss was TWD 134.72 million compared to TWD 0.763 million a year ago. Basic loss per share from continuing operations was TWD 5.53 compared to TWD 0.05 a year ago. Diluted loss per share from continuing operations was TWD 5.53 compared to TWD 0.05 a year ago.
China Communications Media Group Co Ltd is a Taiwan-based wireless Internet channel provider and mobile game promoter. The Company is engaged in the provision of channel and operation promoting services for various mobile applications and games. The Company is engaged in the provision of channels or platforms for mobile applications and game software to mobile phone users. The mainly promoted mobile games include blood pressure heart rate-heartbeat pulse detection & heart pressure tracking, Wonderful Planet, Chinese Growth Diary, Star Wars and others. The Company has partnership with Facebook, Google, PayPal, Shopify, BlueFoucus, amazon, hummerMobi, InmoBI, adjust, Mobvista., changyou, kingmobi, kalends, Yeahmobi, vazu, among others. The Company mainly operates within China market.