Chengdu B-Ray Media Co. Ltd. Provides Earnings Guidance for the First Half 2019
July 08, 2019
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Chengdu B-ray Media Co. Ltd. provided earnings guidance for the First half 2019. For the period, the company expected an increase of about RMB 19 million in its net profit owned by shareholders of the listed company in the first half of 2019 compared with RMB 17.89 million in the same period of the year before, with a year-on-year increase of about 106%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 42.64 million compared with RMB 10.75 million in the same period of the year before, with a year-on-year increase of about 397%.
Chengdu B-ray Media Co.,Ltd. is mainly engaged in traditional media business, outdoor advertising business, new media business and financial business. Traditional media business includes printing, issuing and delivery, newspaper advertising and related business. Outdoor advertising business includes various types of outdoor advertising, such as city surrounding highway advertising, square advertising and bus stop advertising boards, as well as agent advertising business. New media business includes the development and operation of online games. Financial business includes small loan and guarantee financing services. The Company also involves in the provision of education, property rental and management and other services through its subsidiaries.