Nearly 70% of Listed Film and Television Company Preliminary Reports Point to Losses for 2019


The latest round of annual reports from China’s listed film and television companies point to widespread losses in the sector.

As of 6 February a total of 19 listed film and television firms have released their 2019 preliminary result, including Enlight Media, China Huace Film and Beijing Wenhua Media.

Only 6 of these 19 firms proved profitable in 2019, as compared to 13 that posted losses, including 12 with losses in excess of 100 million yuan.

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