Wanda Film Holding Co.,Ltd. Posted 583.3 Million Yuan Net Loss in First Half of 2022

Wanda Film Holding Co.,Ltd. (万达电影股份有限公司) (002739.SZ) reported a net loss of 583.3 million yuan in the first half of 2022, reversing a net profit of 648.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.9 billion yuan in revenue, down 29.8% year-on-year.

At the end of the reporting period, it had 28.8 billion yuan in total assets and 20.3 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.