Southern Publishing And Media Company Limited’s Net Profit Dropped 28.1% in First Three Quarters of 2022

Southern Publishing And Media Company Limited (南方出版传媒股份有限公司) (601900.SH) reported a net profit of 599.4 million yuan in the first three quarters of 2022, down 28.1% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 49.1%.