Apr 29, 2023 08:00 AM

Time Publishing&Media Co.,Ltd.’s Net Profit Dropped 3.4% in 2022

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Time Publishing&Media Co.,Ltd. (时代出版传媒股份有限公司) (600551.SH) reported a net profit of 348.9 million yuan in 2022, down 3.4% year-on-year.

Meanwhile, the company posted 7.6 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 30.7%.

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