Chinese publishing powerhouse Phoenix Publishing & Media's record turnover helps it retain its place in global top ten publishing companies
Phoenix has been the only Chinese publisher in the top ten since it first appeared in the list in 2020.
- Phoenix has been the only Chinese publisher in the top ten since it first appeared in the list in 2020.
- In the first half of 2023 Phoenix reported an operating revenue of RMB 7.18 billion, a net profit of RMB 1.56 billion.
- Mr Zhang Chaoyang, Chairman of Phoenix Publishing & Media Group (PPMG) said,
"Increasing our business with international publishers is a major strategy for Phoenix Publishing and Media Group. - Our publishing team is excited to come back to Frankfurt and catch up with international publishers after a three-year break.