Anhui Xinhua Media Co.,Ltd.’s Net Profit Rose 13.5% in First Quarter of 2023

Anhui Xinhua Media Co.,Ltd. (安徽新华传媒股份有限公司) (601801.SH) reported a net profit of 348.9 million yuan in the first quarter of 2023, up 13.5% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 11.4% year-on-year.

At the end of the reporting period, it had 18.3 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 36.1%.