Meisheng Cultural&Creative Corp.,Ltd. Posted 10 Million Yuan Net Loss in First Quarter of 2023

Meisheng Cultural&Creative Corp.,Ltd. (美盛文化创意股份有限公司) (002699.SZ) reported a net loss of 10 million yuan in the first quarter of 2023, widening 111.5% year-on-year.

Meanwhile, the company posted 155.4 million yuan in revenue, down 44.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 548.2 million yuan in total liabilities, with a liability-to-asset ratio of 31.2%.