GHY net loss widens to RMB 31.4 million in FY26 H1; revenue falls 10% to RMB 162 million
Reuters2026/08/07 09:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- G.H.Y. Culture & Media reported 6M2026 revenue down 10% to RMB 162 million; loss after tax widened to RMB 31.4 million.
- Gross profit plunged 84% to RMB 6.9 million; gross margin fell 19.3 percentage points to 4.3%.
- Administrative expenses rose to RMB 27.6 million; selling and distribution costs climbed to RMB 19.1 million.
- Net asset value per share slipped 10% to RMB 44.79 cents; net assets totaled RMB 472 million.
- Executive Chairman and CEO Guo Jingyu cited higher upfront AI investment costs; two AI teams formed for workflow integration and AI-generated content.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. G.H.Y. Culture & Media Holding Co. Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: PLQJ0U22NALRYOQL) on August 07, 2026, and is solely responsible for the information contained therein.
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