Kaiser Culture Co., LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 09:35 am EDT
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Kaiser (China) Culture Co., LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 190.03 million compared to CNY 287.29 million a year ago. Revenue was CNY 190.03 million compared to CNY 287.29 million a year ago. Net income was CNY 16.52 million compared to CNY 149.89 million a year ago. Basic earnings per share from continuing operations was CNY 0.0173 compared to CNY 0.174 a year ago. Diluted earnings per share from continuing operations was CNY 0.0173 compared to CNY 0.174 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.