BEIJING MEDIA released its interim results, with a net loss attributable to the parent company of 19.047 million yuan, an increase of 102.2% year-on-year
BEIJING MEDIA released its interim results for the period ending June 30, 2025, with total operating revenue of 65.985 million yuan, a year-on-year decrease of 32.63%; net loss attributable to the parent company was 19.047 million yuan, a year-on-year increase of 102.2%; loss per share was 0.1 yuan. The increase in net loss was attributed to a decrease in operating revenue, an increase in management expenses due to new business and transformation, and an increase in credit impairment losses affected by accounts receivable collection
According to the Zhitong Finance APP, Beijing Media (01000) released its interim results for the six months ending June 30, 2025. The group achieved total operating revenue of 65.985 million yuan, a year-on-year decrease of 32.63%; the net loss attributable to shareholders of the company was 19.047 million yuan, a year-on-year increase of 102.2%; the loss per share was 0.1 yuan.
The increase in net loss was mainly due to: a decrease in operating revenue; an increase in management expenses due to personnel restructuring caused by new business development and business transformation; and an increase in credit impairment losses affected by accounts receivable collections
