Jishi Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:08 pm
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JiShi Media Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 422.626 million compared to CNY 456.919 million a year ago. Operating loss was CNY 6.700 million compared to operating Income of CNY 34.602 million a year ago. Net income was CNY 10.697 million compared to CNY 35.514 million a year ago. Basic earnings per share from continuing operations was CNY 0.0034 compared to CNY 0.0114 a year ago.
JiShi Media Co., Ltd. is a China-based company principally engaged in the cable television service business. The Company operates its business through planning, building, operation, management and maintenance of cable television network, as well as the receiving, transmitting and transfer of broadcasting television programs. The Company operates through four segments: Broadcasting and Television (TV) Basic Transfer segment; Digital TV Value-added Services segment, which includes cable pay-per-view digital television program, video-on-demand, television bank and high definition digital television; Broadband Bi-direction Interactive segment; and Cable TV Network-based Network Service segment, including multi-media releasing system, video conference, high definition monitoring, special channel, network interconnection, data transmission and other information special access services. The Company operates its business mainly in Jilin province, China.
JISHI MEDIA CO., LTD. 
