Huayi Brothers Media Corporation Posted 1.8 Million Yuan Net Loss in First Quarter of 2023

Huayi Brothers Media Corporation (华谊兄弟传媒股份有限公司) (300027.SZ) reported a net loss of 1.8 million yuan in the first quarter of 2023, narrowing 98.7% year-on-year.

Meanwhile, the company posted 233.4 million yuan in revenue, up 76.6% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 72.1%.