China Television Company, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:09 pm EST
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China Television Company, 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 230.37 million compared to TWD 208.82 million a year ago. Net loss was TWD 9.53 million compared to TWD 9.99 million a year ago. Basic loss per share from continuing operations was TWD 0.16 compared to TWD 0.16 a year ago.
For the nine months, sales was TWD 665.47 million compared to TWD 613.45 million a year ago. Net loss was TWD 39.09 million compared to TWD 18.61 million a year ago. Basic loss per share from continuing operations was TWD 0.64 compared to TWD 0.31 a year ago.
China Television Co., Ltd is a Taiwan-based company principally engaged in the provision of television advertising services. The Companyâs primary business includes the provision of television (TV) advertisement broadcasting services, the publishing and issuing of broadcasting news and programs, the copyright distribution of channels and digital programs, the operation of office websites, the distribution of advertising, as well as the provision of integrated marketing solution services. The Company is also involved in the provision of leasing services of studio equipment, sets and props. The Company operates its businesses primarily in Taiwan market.