Beijing Bashi Media Co.,Ltd.’s Net Profit Dropped 58.9% in First Three Quarters 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 54.9 million yuan in the first three quarters of 2022, down 58.9% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 16.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.8%.