Tvzone Media Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 01:41 pm IST
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TVZone Media Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 98.692 million compared to CNY 117.448 million a year ago. Operating loss was CNY 4.721 million compared to CNY 11.072 million a year ago. Net loss was CNY 4.125 million compared to CNY 10.582 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.08 a year ago.
TVZone Media Co., Ltd. is a China-based company which is mainly engaged in the production and distribution of television and video programs. The Company mainly has two business segments: Video Programs and Related Services Business segment and Teleplay Broadcast Operation Business segment. The Video Programs and Related Services Business segment is mainly engaged in the production and distribution of television, internet and mobile internet video contents and others, such as variety shows, documentary story programs, column dramas and others. The Teleplay Broadcast Operation Business segment is mainly engaged in purchase teleplays for local channels, and provides choreography services, promo production, publicity and planning services.