Apr 30, 2022 08:00 AM

Tianjin 712 Communication&Broadcasting Co.,Ltd.’s Net Profit Rose 26.7% in First Quarter of 2022

By Caixin Automation

Tianjin 712 Communication&Broadcasting Co.,Ltd. (天津七一二通信广播股份有限公司) (603712.SH) reported a net profit of 21.5 million yuan in the first quarter of 2022, up 26.7% year-on-year.

Meanwhile, the company posted 409.8 million yuan in revenue, up 18.2% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.2%.

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