Dr.Peng Telecom&Media Group Co.,Ltd.’s Net Profit Dropped 84.5% in First Quarter of 2023

Dr.Peng Telecom&Media Group Co.,Ltd. (鹏博士电信传媒集团股份有限公司) (600804.SH) reported a net profit of 30 million yuan in the first quarter of 2023, down 84.5% year-on-year.

Meanwhile, the company posted 934.3 million yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 87%.