China Television Media, Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 02:04 pm EDT
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China Television Media, Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 381.620 million compared to CNY 323.916 million a year ago. Operating income was CNY 90.171 million compared to CNY 74.838 million a year ago. Net income was CNY 63.568 million compared to CNY 53.847 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.135 a year ago.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.