Tianjin 712 Communication&Broadcasting Co.,Ltd.’s Net Profit Rose 22.1% in First Three Quarters of 2022

Tianjin 712 Communication&Broadcasting Co.,Ltd. (天津七一二通信广播股份有限公司) (603712.SH) reported a net profit of 303.3 million yuan in the first three quarters of 2022, up 22.1% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 25.7% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.