Beijing Bashi Media Co.,Ltd.’s Net Profit Dropped 92.9% in First Half 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 4.8 million yuan in the first half of 2022, down 92.9% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 24.6% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.