Shanghai Huayi Group Corporation Ltd.’s Net Profit Dropped 46.7% in First Half of 2022

Shanghai Huayi Group Corporation Ltd. (上海华谊集团股份有限公司) (600623.SH) reported a net profit of 1.1 billion yuan in the first half of 2022, down 46.7% year-on-year.

Meanwhile, the company posted 19.5 billion yuan in revenue, down 2.5% year-on-year.

At the end of the reporting period, it had 58.1 billion yuan in total assets and 33 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.