Zhewen Pictures Group Co.,Ltd.’s Net Profit Remained Flat in First Quarter of 2023

Zhewen Pictures Group Co.,Ltd. (浙文影业集团股份有限公司) (601599.SH) reported a net profit of 35.2 million yuan in the first quarter of 2023, flat year-on-year.

Meanwhile, the company posted 685 million yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.