Oriental Pearl Group Co.,Ltd.’s Net Profit Rose 89.8% in First Quarter of 2023

Oriental Pearl Group Co.,Ltd. (东方明珠新媒体股份有限公司) (600637.SH) reported a net profit of 245.9 million yuan in the first quarter of 2023, up 89.8% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 44.1 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 20.9%.