Wanda Film Holding Co.,Ltd. Posted 427.4 Million Yuan Net Profit in First Half of 2023

Wanda Film Holding Co.,Ltd. (万达电影股份有限公司) (002739.SZ) reported a net profit of 427.4 million yuan in the first half of 2023, reversing a net loss of 583.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 39.1% year-on-year.

At the end of the reporting period, it had 26.6 billion yuan in total assets and 18.9 billion yuan in total liabilities, with a liability-to-asset ratio of 71.1%.