April 22，The 2020 annual report released by 188bet login shows，Net loss in 2020 17.5.2 billion yuan，A sharp drop of 230 year-on-year.80%，Net profit for the same period last year was 13.400 million yuan，From profit to loss。

Data display，During the reporting period，188bet login achieved operating income of 9.0.3 billion yuan，Decreased by 65 compared to last year.44%；Net profit attributable to shareholders of listed companies-17.5.2 billion yuan，Decreased by 230 compared to last year.8%；Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses-17.6.8 billion yuan，Decreased by 244 compared to last year.66%。

For performance changes，Song Cheng’s acting performance，During the reporting period，All scenic spots under the company will be suspended from January 24, 2020 due to the epidemic，And fully resume business on June 12, 2020。Also，The company has made provision for impairment of its long-term equity investment in Beijing Huafang Technology Co., Ltd. 18.600 million 188bet login。

Songcheng Performing Arts is mainly engaged in cultural performing arts business，Live entertainment and 188bet login and leisure are the company’s main businesses。Live entertainment is the company’s core business and main source of revenue and profit。The company’s original business model of “theme park + cultural performances”，Relying on the two major brands of "Songcheng" and "Eternal Love"，Provide customers with theme park group tours, eternal love performances and a variety of repertoire viewing services，Mainly achieve business income through ticket sales。Projects that have already opened include "Eternal Love in Songcheng"、"Eternal Love in Sanya"、"Lijiang Eternal Love"、"Eternal Love in Jiuzhaigou"、"Guilin Eternal Love"、"Eternal Love in Zhangjiajie"、"Eternal Love in Xi'an" etc.，Shanghai Songcheng Project will be unveiled on April 29, 2021，Foshan、Xitang、Projects under construction in Zhuhai and other places will also be launched to the market one after another。

Today，188bet login also released its first quarter report，During the reporting period，The company’s operating income in the first quarter 3.0.6 billion yuan，128 year-on-year increase.1%；Net profit attributable to owners of the parent company1.3.2 billion yuan，164 year-on-year increase.99%；Basic earnings per share 0.0506 yuan，164 year-on-year increase.92%。

Song Cheng’s acting performance，The recurrence of the epidemic and the "celebrating the New Year in situ" policy during the Spring Festival have restricted the flow of tourist groups to a certain extent、Having an impact on the speed of industry recovery，Limits the company’s performance in the first quarter，With the weather getting warmer and the arrival of the traditional tourist season from March to now，The recovery trend of the company’s scenic spots is accelerating。

*Source of this 188bet login: Sino-Singapore Jingwei, original title: "Big drop 230.80%！188bet login’ net loss in 2020 is 17.5.2 billion》.