Core Viewpoint - The company reported a significant decline in total revenue for the year ending December 31, 2020, primarily due to reduced demand for advertising space caused by the Covid-19 pandemic [1] Financial Performance - Total revenue decreased by 28.4% to RMB 1.0357 billion, with a notable drop starting in the first quarter of 2020 due to the pandemic [1] - Monthly total revenue began to recover in the second quarter of 2020 as the pandemic was brought under control, with continued recovery in the third and fourth quarters [1] - Total revenue in the fourth quarter of 2020 slightly exceeded that of the fourth quarter of 2019, indicating a potential rebound [1] Profitability Metrics - Earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased by 37.7% to RMB 505.3 million, primarily due to the decline in revenue [1] - The net loss increased from RMB 86.9 million in 2019 to RMB 246.7 million in 2020, attributed to lower revenue and relatively high fixed costs [1] - Loss per share rose from RMB 0.1606 in 2019 to RMB 0.4557 in 2020, reflecting the company's financial challenges during the year [1]
白马户外媒体(00100.HK)全年净亏损2.467亿元