Huayi Brothers Media Corporation Posted 1 Billion Yuan Net Loss in 2022

Huayi Brothers Media Corporation (华谊兄弟传媒股份有限公司) (300027.SZ) reported a net loss of 1 billion yuan in 2022, widening 339.2% year-on-year.

Meanwhile, the company posted 402.3 million yuan in revenue, down 71.2% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.