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Beijing Culture’s more than 10 annual performances suffered a first loss of 23 last year.1000000000

Beijing Culture’s more than 10 annual performances suffered a first loss of 23 last year.1000000000
Despite the blessings of popular movies such as “Wandering Earth”, Beijing Culture last year suffered its first loss in more than 10 years.According to its 2019 annual report released on April 28, Beijing Culture’s 2019 net profit attributable to its mother was 1943.12%, performance changed face, turned from profit to loss, huge loss 23.100 million, this is the first merger of its 11 for the first time, the last repetition occurred in 2008.On going, the company explained that it was fundamentally the result of the change in the operating performance of its wholly-owned subsidiary Century Partners and Xinghe Culture. According to the principle of prudence, the company withdrew the corresponding asset impairment provision and goodwill impairment provision.In 2019, Beijing Culture released a total of 10 film works, including China ‘s first hard science fiction film “Wandering Earth”, which was produced by the company and controlled by the marketing and distribution. The film finally won the Spring Festival box office champion, and the film finally obtainedMore than 46.The box office score of 8.6 billion US dollars ranked third in the box office list of domestic movies.Editor Yue Caizhou