Meisheng Cultural&Creative Corp.,Ltd. Posted 21 Million Yuan Net Loss in First Half 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 21 million yuan in the first half of 2023, reversing a net profit of 54.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 326 million yuan in revenue, down 52.5% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 541.4 million yuan in total liabilities, with a liability-to-asset ratio of 30.9%.