Chengdu B-Ray Media Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 07:35 am EDT
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Chengdu B-ray Media Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 268.749 million compared to CNY 424.164 million a year ago. Operating income was CNY 67.394 million compared to CNY 25.479 million a year ago. Net income was CNY 59.552 million compared to CNY 23.397 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.02 a year ago.
Chengdu B-ray Media Co.,Ltd. is mainly engaged in traditional media business, outdoor advertising business, new media business and financial business. Traditional media business includes printing, issuing and delivery, newspaper advertising and related business. Outdoor advertising business includes various types of outdoor advertising, such as city surrounding highway advertising, square advertising and bus stop advertising boards, as well as agent advertising business. New media business includes the development and operation of online games. Financial business includes small loan and guarantee financing services. The Company also involves in the provision of education, property rental and management and other services through its subsidiaries.
CHENGDU B-RAY MEDIA CO.,LTD. 
