Hubei Radio & Television Information Network Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 09:01 am
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Hubei Radio & Television Information Network Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,614.166 million compared to CNY 1,864.837 million a year ago. Operating loss was CNY 4.900 million compared to operating Income of CNY 139.266 million a year ago. Net loss was CNY 74.191 million compared to net income of CNY 150.007 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.16 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to diluted earnings per share from continuing operations of CNY 0.13 a year ago.
Hubei Radio & Television Information Network Co., Ltd. is a China-based company principally engaged in the provision of integrated information services based on Community Antenna Television (CATV) broadband network. The Company mainly operates its businesses through digital television (TV), high definition interactive TV, broadband access, value-added services as well as TV plus Internet application services. The Companyâs value added services include data broadcasting, TV transport, medical TV, TV education, social security TV, smart TV bookstore, home entertainment, TV payment and TV shopping mall services, among others. The Company also provides private network services, industry information application construction services, public cultural services and telecom universal services. The Company mainly operates its business in Hubei Province, China.
HUBEI RADIO & TELEVISION INFORMATION NETWORK CO., LTD. 
