Beijing Kingee Culture Development Co.,Ltd. Posted 466.6 Million Yuan Net Loss in First Three Quarters of 2022

Beijing Kingee Culture Development Co.,Ltd. (北京金一文化发展股份有限公司) (002721.SZ) reported a net loss of 466.6 million yuan in the first three quarters of 2022, widening 36.6% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 47.5% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 8.2 billion yuan in total liabilities, with a liability-to-asset ratio of 94.9%.