Kaiser China Culture Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 25, 2020 at 04:07 am
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Kaiser China Culture Co., LTD announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 444.224 million compared to CNY 603.608 million a year ago. Operating income was CNY 153.297 million compared to CNY 214.948 million a year ago. Net income was CNY 150.133 million compared to CNY 203.120 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.25 a year ago.
Kaiser China Culture Co Ltd is a company mainly engaged in cultural and entertainment business. The Company operates two segments: Pan Culture and Entertainment Business segment and Clothing Business segment. The Pan Culture and Entertainment Business segment specifically includes copyright operation, online game research and development (R&D) and operation, etc. The R&D and operation of online games are mainly mobile online games. The copyright operation refers to the development of IP copyrights such as best-selling literary works, film and television copyrights or animation copyrights into games, animation, TV dramas, film and television products. The Clothing Business segment is mainly engaged in the sales of finished clothing.