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Network Cn Inc   (NWCN)
Other Ticker:  
 
    Sector  Services    Industry Advertising
   Industry Advertising
   Sector  Services
 
Price: $0.0383 $-0.06 -61.700%
Day's High: $0.0383 Week Perf: -97.93 %
Day's Low: $ 0.04 30 Day Perf:
Volume (M): 0 52 Wk High: $ 2.00
Volume (M$): $ 0 52 Wk Avg: $1.02
Open: $0.04 52 Wk Low: $0.03



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 37
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Network Cn Inc
Our business is focused on becoming a leader in advertising media and providing integrated intelligent marketing solutions to our brand customers. We aim to serve our customers by utilizing big data to develop effective advertising strategies. Our mission is to actively develop a new core retail channel, the Community Channel, in the advertising industry. We are striving to expand this core to cover both large and small communities across China, establishing ourselves as leaders in the advertising industry.

Incorporated in 1993 under the name EC Capital Limited in the state of Delaware, our company has gone through various changes and transformations. From 2004 to 2006, we operated as Teda Travel Group Inc., focusing on management services for hotels and resorts in China. In 2006, we changed our name to Network CN Inc. to align with our vision of building a nationwide information and entertainment network in China.

In recent developments, we have been actively expanding our advertising network and exploring new media projects in Chengdu, Tianjin, and Ningbo, China. We have established two wholly-owned subsidiary companies, NCN (Chengdu) Culture Media Co., Ltd and NCN (Tianjin) Culture Co., Ltd, and another subsidiary, NCN (Ningbo) Culture Media Co., Ltd. These subsidiaries have acquired rights to operate advertising panels in their respective regions, enabling us to directly sell advertising airtime to our customers.

To incentivize our employees and reward their efforts, we have issued restricted shares of our company's common stock to certain individuals based on their performance and contribution. For example, we issued 606,881 restricted shares to Chen Zhu, an employee who played a significant role in acquiring the advertising rights in Ningbo. Additional bonus shares may be awarded depending on the employee's ability to achieve sales and profit targets in 2023 and 2024.

With these recent developments and our commitment to innovation and growth, we are confident in improving our company's financial performance and achieving our mission of becoming a leader in the advertising industry.


   Company Address: Unit 705B, 7th Floor, New East Ocean Centre KLN 0
   Company Phone Number: 9625-0097   Stock Exchange / Ticker: NWCN
   NWCN is expected to report next financial results on April 12, 2024.


   

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Network Cn Inc

Network Cn Inc Breaks the Mold with Impressive Turnaround in Q3 2023 Earnings Season

In the fiscal third quarter of 2023, Network Cn Inc experienced both positive and negative changes in their financial performance. While there were improvements in certain areas, there were also challenges that impacted their earnings.
One significant shift was in the Diluted Earnings per Share (EPS) for the quarter, which improved from a loss of $0.04 per share in the previous reporting period to a loss of $0.01 per share. Although it is still a loss, it shows progress compared to the same period a year ago when the EPS was $0.00. This improvement could reflect the company's efforts to manage their expenses more efficiently.

Network Cn Inc

Network Cn Inc Reports Revenue of $0.093536 Million in Q2 2023 Financial Report, But Also Posts Significant Net Loss for Fiscal Year 2023

Network Cn Inc Reports Mixed Financial Results for Fiscal Year 2023
Network Cn Inc, a leading player in the technology industry, recently released its financial results for the fiscal year ending June 30, 2023. While the company recorded revenue of $0.093536 million, it also reported a net loss of $-0.814 million. This loss was significantly larger than the $-0.187 million loss reported for the previous year.
The decline in Network Cn Inc's financial performance can be attributed to various factors. One possible reason could be increased competition in the technology sector, as the industry experiences rapid advancements and new players enter the market. Additionally, the global pandemic has had far-reaching effects on businesses, leading to economic instability and reduced consumer spending.

Network Cn Inc

Network Cn Inc Achieves Solid Revenue of $0.248436 Million in Q1 2023

As a journalist, it is my duty to analyze the financial results of various companies and interpret them for the general audience. In this particular article, we are looking at the financial results of Network Cn Inc for the first quarter of 2023.
The company has reported a revenue of $0.248436 million for the first quarter of the financial year 2023. This is a good sign for the company as it shows that they are generating a decent amount of revenue. However, we need to look at other aspects of the financial results as well.






 

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