Cathay Media and Education (HKG:1981) returned to an attributable profit of 48.5 million yuan in the first half from a loss of 119.1 million yuan in the year-ago period, according to an interim report filed Thursday with the Hong Kong Stock Exchange.
The television and film production business company posted earnings per share of 0.0299 yuan versus a loss per share of 0.0734 yuan in the previous year.
Revenue grew 2.6% to 386.6 million yuan from 376.8 million yuan a year earlier.
Shares closed 1% higher during Friday's trading.
Price (HKD): $0.70, Change: $-0.010, Percent Change: -1.41%
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