Ciwen Media Co.,Ltd. Posted 54.6 Million Yuan Net Profit in 2022

Ciwen Media Co.,Ltd. (慈文传媒股份有限公司) (002343.SZ) reported a net profit of 54.6 million yuan in 2022, reversing a net loss of 248.9 million yuan for the previous year.

Meanwhile, the company posted 466.4 million yuan in revenue, up 15.1% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 652.2 million yuan in total liabilities, with a liability-to-asset ratio of 40.2%.