Tianjin 712 Communication&Broadcasting Co.,Ltd.’s Net Profit Rose 5% in First Half of 2023

Tianjin 712 Communication&Broadcasting Co.,Ltd. (天津七一二通信广播股份有限公司) (603712.SH) reported a net profit of 217.9 million yuan in the first half of 2023, up 5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.