Jishi Media Co.,Ltd.’s Net Profit Dropped 37% in First Quarter of 2022

Jishi Media Co.,Ltd. (吉视传媒股份有限公司) (601929.SH) reported a net profit of 13.1 million yuan in the first quarter of 2022, down 37% year-on-year.

Meanwhile, the company posted 437.3 million yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 14.9 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.