Qingdao Citymedia Co.,Ltd.’s Net Profit Rose 4.9% in First Three Quarters 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 254.8 million yuan in the first three quarters of 2023, up 4.9% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 8.7% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 25.5%.