Cultural Investment Holdings Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 06:56 am EDT
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Cultural Investment Holdings Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 555.01 million compared to CNY 281.99 million a year ago. Revenue was CNY 555.01 million compared to CNY 281.99 million a year ago. Net loss was CNY 274.46 million compared to CNY 788.33 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to CNY 0.43 a year ago. Diluted loss per share from continuing operations was CNY 0.15 compared to CNY 0.43 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 
