Tvzone Media Co.,Ltd.’s Net Profit Dropped 42% in First Half of 2022

Tvzone Media Co.,Ltd. (中广天择传媒股份有限公司) (603721.SH) reported a net profit of 4.8 million yuan in the first half of 2022, down 42% year-on-year.

Meanwhile, the company posted 119.2 million yuan in revenue, up 2.3% year-on-year.

At the end of the reporting period, it had 946.5 million yuan in total assets and 369.6 million yuan in total liabilities, with a liability-to-asset ratio of 39.1%.