Tvzone Media Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 23, 2019 at 12:37 pm EDT
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TVZone Media Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 117.448 million compared to CNY 156.563 million a year ago. Operating loss was CNY 11.072 million compared to operating Income of CNY 23.762 million a year ago. Net loss was CNY 10.582 million compared to net income of CNY 23.759 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.24 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.