Wanda Film Holding Co.,Ltd.’s Net Profit Rose 579.7% in First Quarter of 2023

Wanda Film Holding Co.,Ltd. (万达电影股份有限公司) (002739.SZ) reported a net profit of 317.3 million yuan in the first quarter of 2023, up 579.7% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 26.5 billion yuan in total assets and 19 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.