Tvzone Media Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 05:17 pm EDT
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TVZone Media Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 268.930 million compared to CNY 313.377 million a year ago. Operating income was CNY 30.855 million compared to CNY 25.816 million a year ago. Net income was CNY 19.349 million compared to CNY 27.383 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.21 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.