Jishi Media (601929.SH) issued a forecast loss. It is estimated that the net loss for the first half year will be 170 million yuan to 212 million yuan to the mother

Zhitong Finance App News, Jishi Media (601929.SH) announced that the company achieved negative net profit attributable to shareholders of listed companies for the first half year of 2026, with an estimated loss of 170 million yuan to 212 million yuan.

Public customer business revenue declined due to industry competition, new media shocks, and user viewing habits. Although government and enterprise businesses benefited from the company seizing opportunities of informatization, digitalization, and intelligent development to achieve year-on-year increases in revenue and profit, depreciation and amortization costs due to the company's heavy assets remained high, dragging down the overall profit level. Although losses were reduced slightly in the first half of the year, they were unable to completely overcome the loss situation.