Col Digital Publishing Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 09:07 am EDT
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COL Digital Publishing Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 642.868 million compared to CNY 500.785 million a year ago. Operating income was CNY 56.874 million compared to operating loss of CNY 186.015 million a year ago. Net income was CNY 46.352 million compared to net loss of CNY 192.401 million a year ago. Basic earnings per share from continuing operations was CNY 0.0637 compared to basic loss per share from continuing operations of CNY 0.2492 a year ago. Diluted earnings per share from continuing operations was CNY 0.0626 compared to diluted loss per share from continuing operations of CNY 0.2492 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.