Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. Posted 194.1 Million Yuan Net Loss in 2022

Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. (上海龙韵文创科技集团股份有限公司) (603729.SH) reported a net loss of 194.1 million yuan in 2022, widening 211.9% year-on-year.

Meanwhile, the company posted 400.9 million yuan in revenue, down 45.8% year-on-year.

At the end of the reporting period, it had 679.9 million yuan in total assets and 156 million yuan in total liabilities, with a liability-to-asset ratio of 22.9%.