Zhejiang Talent Television&Film Co.,Ltd. Posted 60.9 Million Yuan Net Loss in First Quarter of 2022

Zhejiang Talent Television&Film Co.,Ltd. (浙江唐德影视股份有限公司) (300426.SZ) reported a net loss of 60.9 million yuan in the first quarter of 2022, narrowing 6.7% year-on-year.

Meanwhile, the company posted 2.9 million yuan in revenue, down 85.9% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 100.2%.