COL Digital Publishing Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:54 am EDT
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COL Digital Publishing Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 231.16 million compared to CNY 218.71 million a year ago. Revenue was CNY 231.16 million compared to CNY 218.71 million a year ago. Net loss was CNY 16.16 million compared to CNY 26.63 million a year ago. Basic loss per share from continuing operations was CNY 0.0222 compared to CNY 0.0366 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.