Oriental Pearl Group Co.,Ltd.’s Net Profit Dropped 75.7% in First Half of 2022

Oriental Pearl Group Co.,Ltd. (东方明珠新媒体股份有限公司) (600637.SH) reported a net profit of 198.7 million yuan in the first half of 2022, down 75.7% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 32.6% year-on-year.

At the end of the reporting period, it had 43.4 billion yuan in total assets and 8.7 billion yuan in total liabilities, with a liability-to-asset ratio of 20.1%.