Duzhe Publishing&Media Co.,Ltd.’s Net Profit Rose 8.3% in First Quarter of 2023

Duzhe Publishing&Media Co.,Ltd. (读者出版传媒股份有限公司) (603999.SH) reported a net profit of 7.1 million yuan in the first quarter of 2023, up 8.3% year-on-year.

Meanwhile, the company posted 221.1 million yuan in revenue, up 13.9% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 501 million yuan in total liabilities, with a liability-to-asset ratio of 20.9%.