Hengxin Shambala Culture Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 16, 2021 at 08:25 am EDT
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Hengxin Shambala Culture Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 256.646 million compared to CNY 189.899 million a year ago. Operating income was CNY 18.810 million compared to operating loss of CNY 30.792 million a year ago. Net income was CNY 10.551 million compared to net loss of CNY 39.012 million a year ago. Basic earnings per share from continuing operations was CNY 0.0202 compared to basic loss per share from continuing operations of CNY 0.0741 a year ago.
HENGXIN SHAMBALA CULTURE CO.,LTD., formerly HENGXIN MOBILE BUSINESS CO.,LTD., is a China-based company principally engaged in the industries supported by artistic creativity and visual technology. The Company operates through three main segments. The Computer Graphics (CG) and Visual Reality (VR) Content Production segment is mainly involved in the utilization of the Company's own CG and VR virtual reality content creation capabilities to build an image data asset library.The Children Industry Chain Development and Operation segment is mainly involved in the content production of childrenâs intellectual property (IP), channel distribution, derivative product licensing, and operation of the offline theme parks. The Location Based Entertainment (LBE) segment is mainly engaged in the provision of LBE venue design and manufacturing services to customers. Through its subsidiaries, the Company is also engaged in the mobile phone retail business and operator customized end product business.