Hengdian Entertainment Co.,Ltd. Posted 112.9 Million Yuan Net Profit in First Half of 2023

Hengdian Entertainment Co.,Ltd. (横店影视股份有限公司) (603103.SH) reported a net profit of 112.9 million yuan in the first half of 2023, reversing a net loss of 68.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 40.7% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 71.6%.