ALI PICTURES Forecasts 2022 Results to Swing into Loss of No More than RMB300M

$ALI PICTURES(01060.HK)$ issued a profit warning, stating that the net loss attributable to owners of the Company for the financial year ended March 31, 2023 will not exceed RMB300 million, as compared with the net profit attributable to owners of the Company of RMB169 million for the financial year ended March 31, 2022.