Beijing Kingee Culture Development Co.,Ltd. Posted 317.1 Million Yuan Net Loss in First Half of 2022

Beijing Kingee Culture Development Co.,Ltd. (北京金一文化发展股份有限公司) (002721.SZ) reported a net loss of 317.1 million yuan in the first half of 2022, widening 42.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 41.5% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 8.1 billion yuan in total liabilities, with a liability-to-asset ratio of 93.2%.