May 08, 2021 08:00 AM

Huayi Brothers Media Corporation Posted 1.1 Billion Yuan Net Loss in 2020

Huayi Brothers Media Corporation (300027.SZ) reported a net loss of 1.1 billion yuan in 2020, narrowing 73.4% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 33.1% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 6 billion yuan in total liabilities, with a liability-to-asset ratio of 62.2%.

This article was automatically produced by Caixin Automation on May 8, 2021.

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