Qingdao Citymedia Co.,Ltd.’s Net Profit Rose 10.5% in First Half of 2022

Qingdao Citymedia Co.,Ltd. (青岛城市传媒股份有限公司) (600229.SH) reported a net profit of 195.5 million yuan in the first half of 2022, up 10.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.7%.