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Investors Ignore Increasing Losses at JiShi Media (SHSE:601929) as Stock Jumps 10% This Past Week
Jishi Media (601929.SH): There are no significant changes in the main business.
Jishi Media (601929.SH) announced that the company's stocks will be consecutively on February 6th, 7th, and 10th, 2025...
Jishi Media (601929.SH): The company has only reached a preliminary cooperation intention with Beishusuo.
On February 10, Gelonghui reported that Jishi Media (601929.SH) announced an abnormal fluctuation notice. After the company’s self-examination, no reports, rumors, or concept situations were found that significantly impacted the trading price of the company’s stocks. It was noted that there were media reports about the official unveiling of the CNI Data Factor Service Center in Jilin Province by the Peking International Big Data Exchange (hereinafter referred to as the Exchange) recently. Currently, the center has not been officially established, and the company has only reached a preliminary cooperation intention with the Exchange. There is uncertainty regarding the specific cooperation model and business development between both parties. The impact of this matter on the company’s operational performance will depend on the implementation of specific projects.
GISHI MEDIA: GISHI MEDIA 2024 ANNUAL PERFORMANCE PREVIEW
GISHI MEDIA 2024 Annual Results Forecast
Jishi Media (601929.SH): It is expected to experience a net loss of 0.398 billion yuan to 0.498 billion yuan in 2024.
Gelonghui January 16 | Jishi Media (601929.SH) announced that, according to preliminary calculations by the financial department, the company is expected to achieve a Net income attributable to the shareholders of the listed company for 2024 that is negative, estimated to be between -398.4 million yuan and -498 million yuan. Compared to the same period last year (legally disclosed data), this represents a reduction of loss by 194.9459 million yuan to 294.5459 million yuan. The Net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses is expected to be between -441.4 million yuan and -541 million yuan. Compared to the same period last year (legally disclosed data), this represents a reduction of loss of 16,440.1.
JiShi Media (SHSE:601929) Has Debt But No Earnings; Should You Worry?
