Shanghai Huayi Group Corporation Ltd.’s Net Profit Dropped 68.7% in First Half of 2023

Shanghai Huayi Group Corporation Ltd. (上海华谊集团股份有限公司) (600623.SH) reported a net profit of 345.3 million yuan in the first half of 2023, down 68.7% year-on-year.

Meanwhile, the company posted 19.6 billion yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 59.2 billion yuan in total assets and 33.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.5%.