Shaanxi Broadcast&Tv Network Intermediary(Group) Co.,Ltd.’s Net Profit Dropped 56.8% in First Quarter of 2023

Shaanxi Broadcast&Tv Network Intermediary(Group) Co.,Ltd. (陕西广电网络传媒(集团)股份有限公司) (600831.SH) reported a net profit of 4.1 million yuan in the first quarter of 2023, down 56.8% year-on-year.

Meanwhile, the company posted 616.9 million yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 68.6%.