Simei Media Co.,Ltd. Posted 2.8 Million Yuan Net Loss in First Three Quarters of 2023

Simei Media Co.,Ltd. (思美传媒股份有限公司) (002712.SZ) reported a net loss of 2.8 million yuan in the first three quarters of 2023, reversing a net profit of 6.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 33.7% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.