Press Release: Jianzhi Education Technology Group Company Limited Reports First Half 2023 Financial Results

Dow Jones2023-12-09
Other expenses           (7,997)       (16,781)       (2,312) 
Government grants     1,430,551        643,646        88,763 
                   ------------   ------------   ----------- 
Total other 
 income 
 (expenses), net      1,488,590        (14,385)       (1,981) 
 
Loss before 
 income tax            (251,677)   (91,338,201)  (12,594,535) 
 
Income tax 
 expense              2,644,464      2,238,882       308,756 
                   ------------   ------------   ----------- 
Net loss             (2,896,141)   (93,577,083)  (12,903,291) 
Net income (loss) 
 attributable to 
 noncontrolling 
 interests            1,938,601     (2,885,241)     (397,893) 
                   ------------   ------------   ----------- 
Net loss 
 attributable to 
 the Jianzhi 
 Education 
 Technology Group 
 Company 
 Limited's 
 shareholders        (4,834,742)   (90,691,842)  (12,505,398) 
                   ------------   ------------   ----------- 
 
Net loss             (2,896,141)   (93,577,083)  (12,903,291) 
                   ------------   ------------   ----------- 
 
Other 
comprehensive 
income: 
Foreign currency 
 translation 
 adjustments          1,047,899        830,133       114,481 
Total 
 comprehensive 
 loss                (1,848,242)   (92,746,950)  (12,788,810) 
                   ------------   ------------   ----------- 
Net comprehensive 
 income (loss) 
 attributable to 
 noncontrolling 
 interests            1,938,601     (2,885,241)     (397,893) 
                   ------------   ------------   ----------- 
Comprehensive 
 loss 
 attributable to 
 the Jianzhi 
 Education 
 Technology Group 
 Company 
 Limited's 
 shareholders        (3,786,843)   (89,861,709)  (12,390,917) 
                   ============   ============   =========== 
 
Loss per share 
   Basic and 
    diluted               (0.04)         (0.75)        (0.10) 
                   ============   ============   =========== 
 
Weighted 
average number 
of shares 
   Basic and 
    diluted         111,110,000    121,100,000   121,100,000 
                   ============   ============   ===========

(END) Dow Jones Newswires

December 08, 2023 16:30 ET (21:30 GMT)

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