Qingdao Citymedia Co.,Ltd.’s Net Profit Rose 6.2% in First Half of 2023

Qingdao Citymedia Co.,Ltd. (青岛城市传媒股份有限公司) (600229.SH) reported a net profit of 207.7 million yuan in the first half of 2023, up 6.2% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 9.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 24.2%.