Southern Publishing And Media Company Limited’s Net Profit Rose 50% in First Quarter of 2023

Southern Publishing And Media Company Limited (南方出版传媒股份有限公司) (601900.SH) reported a net profit of 252.4 million yuan in the first quarter of 2023, up 50% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 6.8% year-on-year.

At the end of the reporting period, it had 15.7 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.