Chengdu B-Ray Media Provides Earnings Guidance for the First Three Quarters of 2018
October 17, 2018
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Chengdu B-ray Media Co.,Ltd. provided earnings guidance for the first three quarter of 2018. For the period, the company predicted it will turn losses into gains in its the net profit belonging to shareholders of the listed company in the first three quarters of 2018 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about RMB 23 million. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 9 million.
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.