Hengdian Entertainment Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 04:40 am EDT
Share
Hengdian Entertainment Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 2,131.179 million compared to CNY 2,206.878 million a year ago. Operating income was CNY 320.991 million compared to CNY 405.725 million a year ago. Net income was CNY 260.452 million compared to CNY 323.130 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to CNY 0.51 a year ago.
Hengdian Entertainment Co., Ltd. is a China-based company mainly engaged in cinema releasing, film screening and related derivative business. The Company mainly has four business segments. The Film Screening Business segment is mainly engaged in sales of film tickets and related business through its affiliated cinemas. The Sales Business segment is mainly engaged in research and development of cinema products and related business. The Advertising Business segment is mainly engaged in the provision of venue advertising and film patch advertising and other related services. The Cinema Distribution Business segment is mainly engaged in the provision of cinema services through its cinema chains. The Companyâs major releasing films include Top Funny Comedian, Rock Hero, Ten Thousand Years Later, Love Will Tear Us Apart and others.
HENGDIAN ENTERTAINMENT CO.,LTD 
