Jishi Media Co.,Ltd. Posted 89.4 Million Yuan Net Loss in First Three Quarters of 2022

Jishi Media Co.,Ltd. (吉视传媒股份有限公司) (601929.SH) reported a net loss of 89.4 million yuan in the first three quarters of 2022, reversing a net profit of 57.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 15 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.2%.