Jiangsu Phoenix Publishing&Media Corporation Limited’s Net Profit Rose 3.2% in First Half of 2023

Jiangsu Phoenix Publishing&Media Corporation Limited (江苏凤凰出版传媒股份有限公司) (601928.SH) reported a net profit of 1.6 billion yuan in the first half of 2023, up 3.2% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 30.1 billion yuan in total assets and 12.2 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.