China Television Media, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 16, 2020 at 09:03 am EDT
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China Television Media, Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 855.821 million compared to CNY 810.889 million a year ago. Operating income was CNY 131.522 million compared to CNY 167.192 million a year ago. Net income was CNY 89.892 million compared to CNY 114.520 million a year ago. Basic earnings per share from continuing operations was CNY 0.226 compared to CNY 0.288 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. 
