China Publishing&Media Holdings Co.,Ltd. Posted 26.1 Million Yuan Net Profit in First Quarter of 2023

China Publishing&Media Holdings Co.,Ltd. (中国出版传媒股份有限公司) (601949.SH) reported a net profit of 26.1 million yuan in the first quarter of 2023, reversing a net loss of 2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 22.6% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 36.5%.