Spearhead Integrated Marketing Communication Group announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 691.286 million compared to CNY 1,762.887 million a year ago. Operating loss was CNY 103.439 million compared to CNY 44.455 million a year ago. Net loss was CNY 98.709 million compared to CNY 48.034 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to CNY 0.07 a year ago.