The Great Wall Of Culture Group Holding Co.,Ltd.Guangdong Posted 60.6 Million Yuan Net Loss in First Three Quarters of 2022

The Great Wall Of Culture Group Holding Co.,Ltd.Guangdong (广东文化长城集团股份有限公司) (300089.SZ) reported a net loss of 60.6 million yuan in the first three quarters of 2022, narrowing 20.1% year-on-year.

Meanwhile, the company posted 57.9 million yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 123.1%.