Cultural Investment Holdings Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 05:50 pm IST
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Cultural Investment Holdings Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,456.735 million compared to CNY 1,478.999 million a year ago. Operating income was CNY 50.911 million compared to CNY 31.819 million a year ago. Net income was CNY 44.776 million compared to CNY 25.175 million a year ago. Basic earnings per share from continuing operations was CNY 0.022 compared to CNY 0.01 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 
