Jishi Media Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 23, 2020 at 01:43 pm IST
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JiShi Media Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 890.786 million compared to CNY 942.743 million a year ago. Operating income was CNY 18.343 million compared to CNY 101.318 million a year ago. Net income was CNY 44.455 million compared to CNY 98.983 million a year ago. Basic earnings per share from continuing operations was CNY 0.0143 compared to CNY 0.0318 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.