Mango Excellent Media Co.,Ltd.’s Net Profit Dropped 16.5% in 2022

Mango Excellent Media Co.,Ltd. (芒果超媒股份有限公司) (300413.SZ) reported a net profit of 1.8 billion yuan in 2022, down 16.5% year-on-year.

Meanwhile, the company posted 13.7 billion yuan in revenue, down 10.8% year-on-year.

At the end of the reporting period, it had 29 billion yuan in total assets and 10.3 billion yuan in total liabilities, with a liability-to-asset ratio of 35.3%.