Wuhan Ddmc Culture&Sports Co.,Ltd. Posted 434.9 Million Yuan Net Loss in First Half 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 434.9 million yuan in the first half of 2022, widening 80.1% year-on-year.

Meanwhile, the company posted 804.7 million yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 95.7%.