The Great Wall Of Culture Group Holding Co.,Ltd.Guangdong Posted 128.7 Million Yuan Net Loss in 2022

The Great Wall Of Culture Group Holding Co.,Ltd.Guangdong (广东文化长城集团股份有限公司) (300089.SZ) reported a net loss of 128.7 million yuan in 2022, narrowing 67.9% year-on-year.

Meanwhile, the company posted 78.3 million yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 128.2%.