CJ ENM CO., Ltd. Provides Earnings Guidance for the Year 2019
November 07, 2019 at 02:00 am EST
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CJ ENM CO., Ltd. provided revenue guidance for the year 2019. Last February, the announced guidance for 2019 revenue was KRW 4.8 trillion with OP of KRW 370 billion. The OP forecast has been downward adjusted by 5.4% to KRW 350 billion.
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.
CJ ENM CO., LTD. 
