Wuhan Ddmc Culture&Sports Co.,Ltd. Posted 671.4 Million Yuan Net Loss in First Three Quarters of 2022

Wuhan Ddmc Culture&Sports Co.,Ltd. (武汉当代明诚文化体育集团股份有限公司) (600136.SH) reported a net loss of 671.4 million yuan in the first three quarters of 2022, widening 289.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 36.3% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 96%.