Beijing Gehua Catv Network Co.,Ltd.’s Net Profit Rose 309% in First Three Quarters of 2022

Beijing Gehua Catv Network Co.,Ltd. (北京歌华有线电视网络股份有限公司) (600037.SH) reported a net profit of 328.6 million yuan in the first three quarters of 2022, up 309% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 16.2 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 19.2%.