China Media Group Posted 55.3 Million Yuan Net Loss in First Half of 2021

China Media Group (华闻传媒投资集团股份有限公司) (000793.SZ) reported a net loss of 55.3 million yuan in the first half of 2021, narrowing 64.4% year-on-year.

Meanwhile, the company posted 543.8 million yuan in revenue, down 65% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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