Xinhuanet Co.,Ltd.’s Net Profit Rose 23.7% in First Half of 2022

Xinhuanet Co.,Ltd. (新华网股份有限公司) (603888.SH) reported a net profit of 102 million yuan in the first half of 2022, up 23.7% year-on-year.

Meanwhile, the company posted 701.1 million yuan in revenue, up 10.3% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 33.6%.