Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. Posted 38.3 Million Yuan Net Loss in First Three Quarters of 2022

Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. (上海龙韵文创科技集团股份有限公司) (603729.SH) reported a net loss of 38.3 million yuan in the first three quarters of 2022, widening 31.9% year-on-year.

Meanwhile, the company posted 327.4 million yuan in revenue, down 44.8% year-on-year.

At the end of the reporting period, it had 857.7 million yuan in total assets and 169.6 million yuan in total liabilities, with a liability-to-asset ratio of 19.8%.