Tianjin 712 Communication&Broadcasting Co.,Ltd.’s Net Profit Rose 10.8% in 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 776.5 million yuan in 2022, up 10.8% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.