Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd.’s Net Profit Dropped 51.2% in First Quarter of 2022

Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. (上海龙韵文创科技集团股份有限公司) (603729.SH) reported a net profit of 3.3 million yuan in the first quarter of 2022, down 51.2% year-on-year.

Meanwhile, the company posted 156.3 million yuan in revenue, down 9.9% year-on-year.

At the end of the reporting period, it had 885.9 million yuan in total assets and 158.7 million yuan in total liabilities, with a liability-to-asset ratio of 17.9%.