China Media Group Posted 128.4 Million Yuan Net Loss in First Three Quarters of 2023

China Media Group (华闻传媒投资集团股份有限公司) (000793.SZ) reported a net loss of 128.4 million yuan in the first three quarters of 2023, narrowing 44.2% year-on-year.

Meanwhile, the company posted 500.1 million yuan in revenue, down 12.1% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.4%.