Funshine Culture Group Co.,Ltd.’s Net Profit Dropped 55.8% in First Three Quarters of 2022

Funshine Culture Group Co.,Ltd. (锋尚文化集团股份有限公司) (300860.SZ) reported a net profit of 43.9 million yuan in the first three quarters of 2022, down 55.8% year-on-year.

Meanwhile, the company posted 237.4 million yuan in revenue, down 24.6% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 671.5 million yuan in total liabilities, with a liability-to-asset ratio of 17%.