Time Publishing&Media Co.,Ltd.’s Net Profit Rose 7% in First Quarter of 2023

Time Publishing&Media Co.,Ltd. (时代出版传媒股份有限公司) (600551.SH) reported a net profit of 86.2 million yuan in the first quarter of 2023, up 7% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 5.2% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 30.7%.