China Television Media, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:00 am EDT
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China Television Media, Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 200.263 million compared to CNY 156.124 million a year ago. Operating loss was CNY 19.093 million compared to CNY 46.487 million a year ago. Net loss was CNY 13.157 million compared to CNY 32.839 million a year ago. Basic loss per share from continuing operations was CNY 0.033 compared to CNY 0.083 a year ago.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.
CHINA TELEVISION MEDIA, LTD. 
