Time Publishing&Media Co.,Ltd.’s Net Profit Rose 29% in First Half 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 182.4 million yuan in the first half of 2023, up 29% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 23.5% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 34.6%.