China Media Group Posted 86.8 Million Yuan Net Loss in First Half of 2022

China Media Group (华闻传媒投资集团股份有限公司) (000793.SZ) reported a net loss of 86.8 million yuan in the first half of 2022, widening 56.9% year-on-year.

Meanwhile, the company posted 376.7 million yuan in revenue, down 30.7% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.