Zhejiang Huace Film&Tv Co.,Ltd.’s Net Profit Dropped 21.5% in First Quarter of 2022

Zhejiang Huace Film&Tv Co.,Ltd. (浙江华策影视股份有限公司) (300133.SZ) reported a net profit of 119.7 million yuan in the first quarter of 2022, down 21.5% year-on-year.

Meanwhile, the company posted 470.8 million yuan in revenue, down 66.4% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 26.7%.