Shanghai Xinhua Media Co.,Ltd.’s Net Profit Dropped 73.2% in 2022

Shanghai Xinhua Media Co.,Ltd. (上海新华传媒股份有限公司) (600825.SH) reported a net profit of 8.9 million yuan in 2022, down 73.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 37%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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