China Television Media, Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:47 am EDT
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China Television Media, Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 612.1 million compared to CNY 427.13 million a year ago. Revenue was CNY 612.1 million compared to CNY 427.13 million a year ago. Net loss was CNY 13.61 million compared to CNY 81.13 million a year ago. Basic loss per share from continuing operations was CNY 0.034 compared to CNY 0.204 a year ago. Diluted loss per share from continuing operations was CNY 0.034 compared to CNY 0.204 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.