Beijing Bashi Media Co.,Ltd.’s Net Profit Dropped 37.5% in 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 118.4 million yuan in 2022, down 37.5% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 57.5%.