Wuhan Ddmc Culture&Sports Co.,Ltd. Posted 5.4 Billion Yuan Net Loss in 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 5.4 billion yuan in 2022, widening 385.2% year-on-year.

Meanwhile, the company posted 656.4 million yuan in revenue, down 57.7% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 244.2%.