Dr.Peng Telecom&Media Group Co.,Ltd.’s Net Profit Dropped 94% in First Half of 2022

Dr.Peng Telecom&Media Group Co.,Ltd. (鹏博士电信传媒集团股份有限公司) (600804.SH) reported a net profit of 60.2 million yuan in the first half of 2022, down 94% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 19.6% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 83.3%.