Cultural Investment Holdings Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 11:13 am EDT
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Cultural Investment Holdings Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,224.147 million compared to CNY 2,086.146 million a year ago. Operating income was CNY 80.743 million compared to operating loss of CNY 645.460 million a year ago. Net income was CNY 12.966 million compared to net loss of CNY 658.372 million a year ago. Basic earnings per share from continuing operations was CNY 0.007 compared to basic loss per share from continuing operations of CNY 0.35 a year ago.
Cultural Investment Holdings Co Ltd is a Chinese company mainly engaged in the film, television and gaming business. The Company operates through three segments. The Film Screening and Film and Television Project Investment Segment is mainly engaged in theater operation, film investment and production, film distribution and TV series investment and production. The Company is also engaged in value-added services such as theater sales and derivative product sales, as well as business operations such as movie pre-roll advertising and cinema venue advertising. The Online Game Development and Operation Segment is mainly engaged in the research, development, distribution and operation of mobile games and web games. The Company is also engaged in Other Segment.
CULTURAL INVESTMENT HOLDINGS CO.,LTD 