Shaanxi Broadcast & Tv Network Intermediary Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 05:27 am EDT
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Shaanxi Broadcast & TV Network Intermediary Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,958.849 million compared to CNY 2,188.640 million a year ago. Operating income was CNY 81.728 million compared to CNY 111.890 million a year ago. Net income was CNY 87.141 million compared to CNY 118.609 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.196 a year ago. Diluted earnings per share from continuing operations was CNY 0.118 compared to CNY 0.188 a year ago.
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd is a China-based company mainly engaged in telecommunications, radio and television and satellite transmission services. The Company operates through four segments. The Cable TV segment is mainly engaged in providing users with TV program viewing, video on demand, time-shifted playback, interactive value-added and other services through cable, digital video broadcasting, wireless, door-to-door communication and other methods. The Cultural Investment and Advertising segment is mainly engaged in advertising agency business. The Electronic Product Sales segment is mainly engaged in the sales of mobile terminal equipment, electronic equipment and other products. Other Business segments are mainly engaged in big data services, Internet data services, data processing and storage support services, and operation and maintenance services. The Company mainly operates its businesses in the domestic market.