Zhitong Financial App News, China Digital Video (08280) announced its interim results for the six months ended June 30, 2022, with an income of about 118 million yuan (the same unit below), a decrease of 17.53% over the same period last year. The company's equity holders should share a loss of 20.79 million yuan, 5.28% lower than the same period last year, with a basic loss of 3.36% per share.
The loss was mainly due to a decline in earnings and gross profit, the announcement said. The decrease in gross margin is mainly due to an increase in the proportion of sales of products with low gross margin compared to the provision of solutions and services.