Time Publishing&Media Co.,Ltd.’s Net Profit Rose 5.6% in First Quarter of 2022

Time Publishing&Media Co.,Ltd. (时代出版传媒股份有限公司) (600551.SH) reported a net profit of 80.6 million yuan in the first quarter of 2022, up 5.6% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 1% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.