Tvzone Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 03:55 am
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TVZone Media Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 51.212 million compared to CNY 33.569 million a year ago. Operating income was CNY 3.975 million compared to operating loss of CNY 7.510 million a year ago. Net income was CNY 3.975 million compared to net loss of CNY 7.385 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.06 a year ago.
TVZone Media Co., Ltd. is a China-based company which is mainly engaged in the production and distribution of television and video programs. The Company mainly has two business segments: Video Programs and Related Services Business segment and Teleplay Broadcast Operation Business segment. The Video Programs and Related Services Business segment is mainly engaged in the production and distribution of television, internet and mobile internet video contents and others, such as variety shows, documentary story programs, column dramas and others. The Teleplay Broadcast Operation Business segment is mainly engaged in purchase teleplays for local channels, and provides choreography services, promo production, publicity and planning services.