Funshine Culture Group Co.,Ltd.’s Net Profit Dropped 99.9% in First Half of 2023

Funshine Culture Group Co.,Ltd. (锋尚文化集团股份有限公司) (300860.SZ) reported a net profit of 77,024 yuan in the first half of 2023, down 99.9% year-on-year.

Meanwhile, the company posted 53.7 million yuan in revenue, down 63.6% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 688.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.