Besttone Holding Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:55 am EDT
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Besttone Holding Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,533.235 million compared to CNY 2,818.869 million a year ago. Operating loss was CNY 164.478 million compared to operating Income of CNY 125.437 million a year ago. Net loss was CNY 157.934 million compared to net income of CNY 88.259 million a year ago. Basic loss per share from continuing operations was CNY 0.1985 compared to basic earnings per share from continuing operations of CNY 0.1109 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.