Focus Media Information Technology Co.,Ltd.’s Net Profit Rose 55.5% in First Half of 2023

Focus Media Information Technology Co.,Ltd. (分众传媒信息技术股份有限公司) (002027.SZ) reported a net profit of 2.2 billion yuan in the first half of 2023, up 55.5% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, up 13.7% year-on-year.

At the end of the reporting period, it had 22.8 billion yuan in total assets and 7.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.