Shaanxi Broadcast&Tv Network Intermediary(Group) Co.,Ltd.’s Net Profit Dropped 40.6% in First Quarter of 2022

Shaanxi Broadcast&Tv Network Intermediary(Group) Co.,Ltd. (陕西广电网络传媒(集团)股份有限公司) (600831.SH) reported a net profit of 9.4 million yuan in the first quarter of 2022, down 40.6% year-on-year.

Meanwhile, the company posted 611.3 million yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 62.8%.