China Television Media, Ltd. Provides Earnings Guidance for the Year 2017
January 29, 2018
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China Television Media, Ltd. provided earnings guidance for the year 2017. For the year, the company will turn losses into gains in its the net profit belonging to shareholders of the listed company in 2017 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about RMB 81 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 72.89 million.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.