Xinhuanet Co.,Ltd.’s Net Profit Rose 15% in 2022

Xinhuanet Co.,Ltd. (新华网股份有限公司) (603888.SH) reported a net profit of 242.2 million yuan in 2022, up 15% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 36.7%.

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

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