Wuhan Ddmc Culture&Sports Co.,Ltd. Posted 184.5 Million Yuan Net Loss in First Quarter of 2022

Wuhan Ddmc Culture&Sports Co.,Ltd. (武汉当代明诚文化体育集团股份有限公司) (600136.SH) reported a net loss of 184.5 million yuan in the first quarter of 2022, widening 17.4% year-on-year.

Meanwhile, the company posted 387.1 million yuan in revenue, up 34.2% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 94.2%.