City Media disclosed its 2026 semi-annual report on August 29. In the first half of the year, it achieved total operating revenue of 1 billion yuan, down 9.60% year-on-year. Net loss attributable to the parent company was 22.5053 million yuan, compared with a profit of 40.2771 million yuan in the same period last year. Net profit after deducting non-recurring items was 65.6196 million yuan, up 16.02% year-on-year. During the reporting period, the company's total non-recurring gains and losses were negative 88.1249 million yuan, of which government subsidies included in current profit or loss were 6.5656 million yuan, and fair value changes and disposal gains or losses from financial assets and financial liabilities held by non-financial enterprises were negative 94.3824 million yuan. Net cash flow from operating activities was negative 42.4645 million yuan, compared with 25.8667 million yuan in the same period last year. The company's main businesses cover copyright development and operation, diversified product services, new technology application formats, and cultural space construction and operation.
Qingdao Citymedia Co LtdNet loss attributable to parent of 22.5 million yuan vs profit last year, though adjusted profit rose.
