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.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.