Wasu Media Holding announced that the company achieved revenue of 4.345 billion yuan and net income of 0.243 billion yuan in the first half of the year 2024, down 2.06% and 32.80% year on year respectively. The decline in net income was mainly due to increased R&D investment, decreased revenue from digital cable and internet plus-related television business, and the impact of the expiration of tax-free policies for cultural reform enterprises. The decrease in total operating costs was lower than the decrease in total revenue.
华数传媒:上半年净利润同比下降32.80%
Wasu Media Holding: net income fell by 32.80% year on year in the first half of the year.
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