Wanda Film Holding Co.,Ltd.’s Net Profit Dropped 91.3% in First Quarter of 2022

Wanda Film Holding Co.,Ltd. (万达电影股份有限公司) (002739.SZ) reported a net profit of 46.7 million yuan in the first quarter of 2022, down 91.3% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 29.9 billion yuan in total assets and 20.7 billion yuan in total liabilities, with a liability-to-asset ratio of 69.3%.