Guangdong Advertising Co.,Ltd.’s Net Profit Rose 3.4% in First Half of 2022

Guangdong Advertising Co.,Ltd. (广东省广告集团股份有限公司) (002400.SZ) reported a net profit of 82.8 million yuan in the first half of 2022, up 3.4% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.6%.