Shanghai Huayi Group Corporation Ltd.’s Net Profit Dropped 52.1% in 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 1.7 billion yuan in 2022, down 52.1% year-on-year.

Meanwhile, the company posted 38.5 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 59.2 billion yuan in total assets and 33.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56%.