Jishi Media (601929.SH) disclosed its 2023 annual report. The company achieved revenue of 1.6 billion yuan during the reporting period,...
Zhitong Finance App News, Jishi Media (601929.SH) disclosed the 2023 annual report. During the reporting period, the company achieved revenue of 1.6 billion yuan, a year-on-year decrease of 11.77%; net profit loss to mother of 693 million yuan, a year-on-year increase; loss after deducting non-net profit of 705 million yuan, a year-on-year increase; and basic earnings per share -0.2099 yuan.
The company makes full use of the radio and television 5G network covering the whole country, making every effort to develop the market, broaden channels, and accelerate the large-scale development of radio and television 5G users. The company divided 212 schools with secondary school and above in the province into nine major war zones, made every effort to develop the campus market, and implemented “one school, one policy according to school conditions”, and achieved good results.
Based on the negative net profit attributable to the shareholders of the parent company in 2023, taking into account the actual operating situation of the company, in order to guarantee the long-term development of the company and the long-term interests of shareholders, the company plans not to pay cash dividends or increase the share capital from the capital reserve fund in 2023.