May 03, 2023 08:00 AM

Tvzone Media Co.,Ltd. Posted 709,823 Yuan Net Loss in First Quarter of 2023

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Tvzone Media Co.,Ltd. (中广天择传媒股份有限公司) (603721.SH) reported a net loss of 709,823 yuan in the first quarter of 2023, narrowing 46.6% year-on-year.

Meanwhile, the company posted 32.5 million yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 915.3 million yuan in total assets and 331.8 million yuan in total liabilities, with a liability-to-asset ratio of 36.3%.

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