Meisheng Cultural&Creative Corp.,Ltd. Posted 4.7 Million Yuan Net Loss in First Quarter of 2022

Meisheng Cultural&Creative Corp.,Ltd. (美盛文化创意股份有限公司) (002699.SZ) reported a net loss of 4.7 million yuan in the first quarter of 2022, reversing a net profit of 4.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 277.8 million yuan in revenue, up 74.4% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 636.7 million yuan in total liabilities, with a liability-to-asset ratio of 24.2%.