Mango Excellent Media Co.,Ltd.’s Net Profit Rose 4.1% in First Quarter of 2023

Mango Excellent Media Co.,Ltd. (芒果超媒股份有限公司) (300413.SZ) reported a net profit of 528.2 million yuan in the first quarter of 2023, up 4.1% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 29.5 billion yuan in total assets and 10.2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.5%.