Hengxin Shambala Culture Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 07:23 am EDT
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Hengxin Shambala Culture Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 391.14 million compared to CNY 290.32 million a year ago. Revenue was CNY 391.14 million compared to CNY 295.52 million a year ago. Net income was CNY 22.94 million compared to net loss of CNY 56.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.0439 compared to basic loss per share from continuing operations of CNY 0.1077 a year ago. Diluted earnings per share from continuing operations was CNY 0.0439 compared to diluted loss per share from continuing operations of CNY 0.1077 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.