Time Publishing&Media Co.,Ltd.’s Net Profit Dropped 38.8% in First Half 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 141.4 million yuan in the first half of 2022, down 38.8% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 29.5%.