BGCTV: Net profit loss of 9.6943 million yuan in the first half of 2025

BGCTV announced that in the first half of 2025, operating revenue was 933 million yuan, a year-on-year decrease of 11.90%. The net profit attributable to shareholders of the listed company was -9.6943 million yuan, compared to -44.7742 million yuan in the same period last year. Basic earnings per share were -0.01 yuan/share, compared to -0.03 yuan/share in the same period last year

BGCTV: Chen Mufeng and Dong Yuan resigned from the position of Assistant General Manager of the company

BGCTV announced on August 4th that the company's board of directors received written resignation letters from Assistant General Manager Chen Mufeng and Dong Yuan. Due to work adjustments, Chen Mufeng and Dong Yuan applied to resign from their positions as Assistant General Managers, but will continue to work at the company after their resignations. In addition, BGCTV announced that the company's board of directors agreed to appoint Chen Mufeng and Ding Yinglei as Vice General Managers, and appointed Dong Yuan as the Chief Engineer of the company, with terms starting from the date of approval by this board meeting until the end of the seventh board's term

This week, Shanghai Electric Power, China Southern Airlines, BGCTV, and 1,076 other stocks released performance forecasts, among which 220 are expected to see significant profit increases, with Huahong Technology's net profit forecast to grow by 3,721.94% year-on-year

BGCTV: Supervisor Qi Bin resigns

On July 17th, BGCTV announced that the company's supervisor Qi Bin applied to resign from his position as supervisor due to work adjustments, and after resigning, he will no longer hold any position in the company. Qi Bin's resignation will take effect from the date it is delivered to the supervisory board

BGCTV issued a profit warning, expecting a net loss attributable to the parent company of between 7.9662 million yuan and 11.9494 million yuan for the first half of the year

BGCTV expects a net loss attributable to shareholders of RMB 7.9662 million to RMB 11.9494 million in the first half of 2025, with a net loss of RMB 21.8057 million to RMB 25.7888 million after deducting non-recurring gains and losses. The performance loss is mainly due to the downturn in the cable television industry, leading to a decline in viewing maintenance fees and channel revenue