Profit Cultural&Creative Group Corporation’s Net Profit Dropped 68.6% in First Half of 2023

Profit Cultural&Creative Group Corporation (德艺文化创意集团股份有限公司) (300640.SZ) reported a net profit of 6.6 million yuan in the first half of 2023, down 68.6% year-on-year.

Meanwhile, the company posted 357.8 million yuan in revenue, down 21.4% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 156.3 million yuan in total liabilities, with a liability-to-asset ratio of 16.4%.