JiShi Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 10:28 am EDT
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JiShi Media Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 437.3 million compared to CNY 440.41 million a year ago. Revenue was CNY 437.3 million compared to CNY 440.41 million a year ago. Net income was CNY 11.94 million compared to CNY 19.5 million a year ago. Basic earnings per share from continuing operations was CNY 0.0038 compared to CNY 0.0063 a year ago. Diluted earnings per share from continuing operations was CNY 0.0038 compared to CNY 0.0063 a year ago.
JiShi Media Co., Ltd. is a China-based company principally engaged in the cable television service business. The Company operates its business through planning, building, operation, management and maintenance of cable television network, as well as the receiving, transmitting and transfer of broadcasting television programs. The Company operates through four segments: Broadcasting and Television (TV) Basic Transfer segment; Digital TV Value-added Services segment, which includes cable pay-per-view digital television program, video-on-demand, television bank and high definition digital television; Broadband Bi-direction Interactive segment; and Cable TV Network-based Network Service segment, including multi-media releasing system, video conference, high definition monitoring, special channel, network interconnection, data transmission and other information special access services. The Company operates its business mainly in Jilin province, China.