Tianjin 712 Communication&Broadcasting Co.,Ltd.’s Net Profit Rose 6.2% in First Three Quarters 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 322.2 million yuan in the first three quarters of 2023, up 6.2% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.