Tvzone Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 05:13 pm EDT
Share
TVZone Media Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 33.569 million compared to CNY 65.756 million a year ago. Operating loss was CNY 7.510 million compared to CNY 8.728 million a year ago. Net loss was CNY 7.385 million compared to CNY 8.628 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago.
TVZone Media Co., Ltd. is a China-based company which is mainly engaged in the production and distribution of television and video programs. The Company mainly has two business segments: Video Programs and Related Services Business segment and Teleplay Broadcast Operation Business segment. The Video Programs and Related Services Business segment is mainly engaged in the production and distribution of television, internet and mobile internet video contents and others, such as variety shows, documentary story programs, column dramas and others. The Teleplay Broadcast Operation Business segment is mainly engaged in purchase teleplays for local channels, and provides choreography services, promo production, publicity and planning services.
TVZONE MEDIA CO., LTD. 
