CCTV Media: It is estimated that the annual net profit will be a loss of 15 to 10 million yuan by 2025.
China Central Television Media announced that it is expected to achieve a net loss attributable to the owners of the parent company of 10 million to 15 million yuan in 2025, with a net profit of 43.8464 million yuan in the same period last year. In this period, the fund in which the company participated in the investment reduced its holdings of "Hai Kang Shares" and "Wireless Media" stocks, resulting in a large amount of income tax expenses. The company's subsidiary, China Central Television Advertising, had a large amount of unrecoverable losses in the previous period, which led to the reversal of deferred income tax expenses.
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