Shaanxi Broadcast & TV Network Intermediary Co., Ltd. Provides Earnings Guidance for the First Quarter on 2020
April 20, 2020
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Shaanxi Broadcast & TV Network Intermediary Co. Ltd. provided earnings guidance for the first quarter on 2020. The company predicts that it will suffer a loss in its net profit belonging to shareholders of the listed company in 2019 compared with the same period of the year before, with the net loss belonging to shareholders of the listed company to be between RMB 26 million and RMB 30 million (based on the disclosed statistics according to relevant regulations). The net loss belonging to shareholders of the listed company after excluding extraordinary loss will be between RMB 28.8 million and RMB 32.8 million.
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd is a China-based company mainly engaged in telecommunications, radio and television and satellite transmission services. The Company operates through four segments. The Cable TV segment is mainly engaged in providing users with TV program viewing, video on demand, time-shifted playback, interactive value-added and other services through cable, digital video broadcasting, wireless, door-to-door communication and other methods. The Cultural Investment and Advertising segment is mainly engaged in advertising agency business. The Electronic Product Sales segment is mainly engaged in the sales of mobile terminal equipment, electronic equipment and other products. Other Business segments are mainly engaged in big data services, Internet data services, data processing and storage support services, and operation and maintenance services. The Company mainly operates its businesses in the domestic market.
SHAANXI BROADCAST & TV NETWORK INTERMEDIARY(GROUP)CO.,LTD. 
