May 03, 2023 08:00 AM

Jishi Media Co.,Ltd.’s Net Profit Dropped 68% in First Quarter of 2023

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Jishi Media Co.,Ltd. (吉视传媒股份有限公司) (601929.SH) reported a net profit of 4.2 million yuan in the first quarter of 2023, down 68% year-on-year.

Meanwhile, the company posted 468.7 million yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 15 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.

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