Jishi Media Co.,Ltd. Posted 98.1 Million Yuan Net Loss in First Half of 2022

Jishi Media Co.,Ltd. (吉视传媒股份有限公司) (601929.SH) reported a net loss of 98.1 million yuan in the first half of 2022, reversing a net profit of 51.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 769.5 million yuan in revenue, down 13.3% year-on-year.

At the end of the reporting period, it had 14.8 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.