Digging for shellfish nets August 5,Wanda movies Recently, the 2020 semi-annual report was released. In the first half of 2020, the company achieved operating income of 1,972,311,143.38 yuan, a year-on-year decrease of 73.93%; net profit attributable to shareholders of listed companies was -1,566,577,444.46 yuan, which changed from profit to loss over the same period last year.

The company's total assets at the end of the reporting period were $24,978,964,783.65, down 5.70% from the end of the previous year; net assets attributable to shareholders of listed companies were $12,251,793,746.47, down 11.43% from the end of the previous year.

According to information, in the first half of 2020, since the outbreak of the novel coronavirus pneumonia epidemic (hereinafter referred to as the “COVID-19 epidemic”), the entire film industry and company operations have been seriously affected. Since January 23, 2020, in response to the COVID-19 pandemic, all domestic cinemas under the company have been closed, and overseas cinemas have also been suspended since the end of March 2020 due to the epidemic. At the same time, none of the films the company originally planned to be screened in the first half of the year were screened as scheduled, and the company's operating performance suffered a huge loss. During the reporting period, the company achieved operating income of 1,972 million yuan, a year-on-year decrease of 73.93%, and net profit attributable to shareholders of listed companies - 1,567 million dollars. As of the end of the reporting period, the company had total assets of 24.979 billion yuan, and net assets attributable to shareholders of listed companies were 12.252 billion.

According to Diaobei.com, Wanda Film's main business is theatrical film screenings, product sales, advertising, film production and distribution, TV series production and distribution, and game distribution.