Besttone Holding Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:06 pm EDT
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Besttone Holding Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 542.101 million compared to CNY 883.748 million a year ago. Operating loss was CNY 59.009 million compared to operating Income of CNY 42.443 million a year ago. Net loss was CNY 56.295 million compared to net income of CNY 28.581 million a year ago. Basic loss per share from continuing operations was CNY 0.0707 compared to basic earnings per share from continuing operations of CNY 0.0359 a year ago.
New Guomai Digital Culture Co Ltd is a China-based company mainly engaged in digital content, digital marketing, and digital cultural tourism. The Digital Content segment is mainly engaged in the provision of digital content applications such as ultra-high-definition video and cloud games for individual customers and home customers, including aggregated entertainment, global games, services for the elderly and stereoscopic live broadcasting. The Digital Marketing segment is mainly engaged in the operation of digital marketing platforms, providing overall solutions for corporate customers, providing digital rights, digital membership, and data intelligence products. The Digital Cultural Tourism segment mainly provides digital solutions, promotes new information consumption, and provides digital exhibition, digital business, and digital cultural and exhibition products. The Other segment is mainly engaged in other digital culture related businesses, housing leasing and others.
NEW GUOMAI DIGITAL CULTURE CO., LTD. 
