Shanghai Longyun Cultural Creation&Technology Group Co.,Ltd. Posted 677,397 Yuan Net Profit in First Half of 2023

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 profit of 677,397 yuan in the first half of 2023, reversing a net loss of 16.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 169.9 million yuan in revenue, down 31% year-on-year.

At the end of the reporting period, it had 633.7 million yuan in total assets and 290.5 million yuan in total liabilities, with a liability-to-asset ratio of 45.8%.