Hengxin Shambala Culture Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 20, 2019 at 04:46 pm EDT
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Hengxin Shambala Culture Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 697.723 million compared to CNY 414.396 million a year ago. Operating income was CNY 216.661 million compared to CNY 112.951 million a year ago. Net income was CNY 198.317 million compared to CNY 94.144 million a year ago. Basic earnings per share from continuing operations was CNY 0.3739 compared to CNY 0.1889 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.
HENGXIN SHAMBALA CULTURE CO.,LTD. 
