Lukang Culture (601599) 966 Million Loss In:2019

Duer net April 28th news, Lukang culture (601599) recently issued the 2019 annual performance bulletin bulletin, 2019 total business revenue of 3035439712.77 yuan, 36.49% lower than the same period last year; net profit attributable to shareholders of listed companies was -965747540.66 yuan, 56094152.08 yuan from the same period last year, from profit to loss; basic earnings per share of -1.08 yuan, a year earlier, 0.06 yuan.

The announcement shows that Lukang's total cultural assets are 5394628650.03 yuan, 19.33% less than the end of last year, and net cash flows from operating activities were 359534365.96 yuan, up 208.54% over the same period last year.

During the reporting period, the operating income was 3 billion 35 million 439 thousand and 700 yuan, a decrease of 1 billion 744 million 215 thousand and 800 yuan compared with that of last year. The net profit attributable to shareholders of listed companies was -96574.75 million yuan. The main reasons for the loss were: the company's film and television sector, three subsidiaries, Tianyi TV, century long, Internet and film and television were affected by the movie and TV environment, and the total loss in the reporting period was 663 million 125 thousand and 300 yuan.

According to the data of Lukang Bay culture, the main business of the culture is the production and sale of all kinds of worsted, semi worsted yarns and high-grade worsted fabrics.