Time Publishing&Media Co.,Ltd.’s Net Profit Dropped 20.9% in First Three Quarters of 2022

Time Publishing&Media Co.,Ltd. (时代出版传媒股份有限公司) (600551.SH) reported a net profit of 230.2 million yuan in the first three quarters of 2022, down 20.9% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 30.8%.