Col Digital Publishing Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 26, 2020 at 04:34 am EDT
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COL Digital Publishing Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 705.377 million compared to CNY 885.489 million a year ago. Operating loss was CNY 581.121 million compared to CNY 1,522.306 million a year ago. Net loss was CNY 603.290 million compared to CNY 1,508.461 million a year ago. Basic loss per share from continuing operations was CNY 0.7853 compared to CNY 1.9912 a year ago.
COL Group Co Ltd, formerly COL Digital Publishing Group Co Ltd, is a China-based company mainly engaged in digital publishing business. The Company is mainly engaged in digital content production and authorization, intellectual property (IP) cultivation and derivative development, intellectual property protection and metaverse business. The Company provides online literary works through a full-category original content production platform and website. The Company is also engaged in the audio business, as well as web-based IP derivative businesses such as short and medium dramas, animation, as well as film and television. The metaverse business mainly includes the operation of the metaverse essay contest, digital collection platform and metaverse culture lab. The Company also provides animation product Spotlight and romance novel platform Kiss for overseas users. The Company mainly conducts its businesses in the domestic and overseas markets.
COL GROUP CO.,LTD. 
