Shaanxi Broadcast & Tv Network Intermediary Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:33 pm EDT
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Shaanxi Broadcast & TV Network Intermediary Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 589.846 million compared to CNY 568.839 million a year ago. Operating income was CNY 16.863 million compared to operating loss of CNY 31.865 million a year ago. Net income was CNY 17.411 million compared to net loss of CNY 28.402 million a year ago. Basic earnings per share from continuing operations was CNY 0.025 compared to basic loss per share from continuing operations of CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.024 compared to diluted loss per share from continuing operations of CNY 0.04 a year ago.
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.