China Media Group Posted 55.4 Million Yuan Net Profit in First Three Quarters of 2021

China Media Group (华闻传媒投资集团股份有限公司) (000793.SZ) reported a net profit of 55.4 million yuan in the first three quarters of 2021, reversing a net loss of 149.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 786.3 million yuan in revenue, down 67.6% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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