Baosheng Media Reports Increased Half-Year Loss

Baosheng Media Group Holdings (BAOS) has released an update.

Baosheng Media Group Holdings reports a net loss of $1,740,418 for the six months ended June 30, 2024, a significant increase from the $4,079 loss in the same period in 2023. The company’s total assets decreased to $47,241,145 as of June 2024, down from $48,827,742 at the end of 2023. This financial performance is reflected in a comprehensive loss of $2,670,520 for the first half of 2024, deepening from the previous year’s loss of $2,151,496.

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