Beijing Bashi Media Co.,Ltd.’s Net Profit Dropped 36.6% in First Quarter of 2022

Beijing Bashi Media Co.,Ltd. (北京巴士传媒股份有限公司) (600386.SH) reported a net profit of 15 million yuan in the first quarter of 2022, down 36.6% year-on-year.

Meanwhile, the company posted 905.6 million yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.