Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. Posted 16.4 Million Yuan Net Loss in First Half 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 loss of 16.4 million yuan in the first half of 2022, reversing a net profit of 7.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 246.2 million yuan in revenue, down 45.9% year-on-year.

At the end of the reporting period, it had 892.3 million yuan in total assets and 184.7 million yuan in total liabilities, with a liability-to-asset ratio of 20.7%.