Shanghai Huayi Group Corporation Ltd.’s Net Profit Dropped 53.2% in First Three Quarters of 2022

Shanghai Huayi Group Corporation Ltd. (上海华谊集团股份有限公司) (600623.SH) reported a net profit of 1.4 billion yuan in the first three quarters of 2022, down 53.2% year-on-year.

Meanwhile, the company posted 29.4 billion yuan in revenue, down 7.7% year-on-year.

At the end of the reporting period, it had 58.2 billion yuan in total assets and 32.6 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.