Huayi Brothers Media Corporation Posted 263.9 Million Yuan Net Loss in First Three Quarters of 2022

Huayi Brothers Media Corporation (华谊兄弟传媒股份有限公司) (300027.SZ) reported a net loss of 263.9 million yuan in the first three quarters of 2022, reversing a net profit of 597.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 366.4 million yuan in revenue, down 61.7% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 62.6%.