China Television Company, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 03:16 am IST
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China Television Company, Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 182.822 million compared to TWD 190.944 million a year ago. Operating loss was TWD 54.743 million compared to TWD 70.166 million a year ago. Net loss was TWD 34.657 million compared to TWD 61.687 million a year ago. Basic loss per share was TWD 0.23 compared to TWD 0.41 a year ago. For the half year, sales was TWD 333.361 million compared to TWD 359.626 million a year ago. Operating loss was TWD 120.391 million compared to TWD 151.146 million a year ago. Net loss was TWD 85.909 million compared to TWD 130.526 million a year ago. Basic loss per share was TWD 0.57 compared to TWD 0.87 a year ago.
China Television Co., Ltd is a Taiwan-based company principally engaged in the provision of television advertising services. The Companyâs primary business includes the provision of television (TV) advertisement broadcasting services, the publishing and issuing of broadcasting news and programs, the copyright distribution of channels and digital programs, the operation of office websites, the distribution of advertising, as well as the provision of integrated marketing solution services. The Company is also involved in the provision of leasing services of studio equipment, sets and props. The Company operates its businesses primarily in Taiwan market.