Wanda Film Holding Co.,Ltd. Posted 536.1 Million Yuan Net Loss in First Three Quarters of 2022

Wanda Film Holding Co.,Ltd. (万达电影股份有限公司) (002739.SZ) reported a net loss of 536.1 million yuan in the first three quarters of 2022, reversing a net profit of 298.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 7.7 billion yuan in revenue, down 16.7% year-on-year.

At the end of the reporting period, it had 28.4 billion yuan in total assets and 19.8 billion yuan in total liabilities, with a liability-to-asset ratio of 69.8%.