Zhitong Finance and Economics APP reported that Litian Pictures (09958) announced its performance for the six months ended on June 30, 2024. The group's income decreased by 86.95% compared to the same period last year, with the equity shareholders of the company recording a loss of 10.499 million yuan, a 53.29% increase compared to the same period last year, resulting in a basic loss per share of 0.03 yuan.

The announcement stated that the decrease was mainly due to a decrease in income from the distribution and broadcasting rights licensing of in-house television dramas by approximately 57.4 million yuan, and a decrease in income from the acquisition of distribution and broadcasting rights licensing of television dramas by approximately 11.8 million yuan.