Jishi Media Co.,Ltd. Posted 428.1 Million Yuan Net Loss in 2022

Jishi Media Co.,Ltd. (吉视传媒股份有限公司) (601929.SH) reported a net loss of 428.1 million yuan in 2022, reversing a net profit of 25.9 million yuan for the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 12.8% year-on-year.

At the end of the reporting period, it had 14.7 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.