JiShi Media Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 29, 2023 at 05:56 am EDT
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JiShi Media Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 844.3 million compared to CNY 760.13 million a year ago. Revenue was CNY 851.92 million compared to CNY 769.49 million a year ago.
Net income was CNY 12.9 million compared to net loss of CNY 97.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.0039 compared to basic loss per share from continuing operations of CNY 0.0319 a year ago. Diluted earnings per share from continuing operations was CNY 0.0039 compared to diluted loss per share from continuing operations of CNY 0.0319 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.