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China Media Holdings (000607.SZ) announced its first-half results, with a net loss of 16.334 million yuan to the mother
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According to the Zhitong Finance App, China Media Holdings (000607.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 504 million yuan, a year-on-year decrease of 0.54%. The net loss attributable to shareholders of the listed company was RMB 16.33,400, and the net loss of non-recurring profit and loss attributable to shareholders of the listed company was RMB 308.75 million, with a basic loss of 0.02 yuan per share.

Mainly affected by factors such as the industry environment, market competition, and customer budget adjustments, etc., the company's revenue from advertising planning, newspaper distribution, etc. declined, related costs declined, and gross profit from related businesses declined; investment income from participating companies and financial management decreased year on year; government subsidies included in current profit and loss decreased year on year. Compared with the same period last year, the company's losses decreased, mainly due to the implementation of cost reduction and efficiency, a decrease in operating costs; the shutdown and transfer of some loss-making companies and businesses; an increase in revenue and profit from some businesses; and strengthening the management and settlement of accounts receivable.

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