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MEI AH ENTER: INTERIM REPORT 2024/2025
MEI AH ENTER (00391.HK) has appointed Zhang Zhanhao and Luo Xiuli as independent non-executive Directors.
Gelonghui, December 13, MEI AH ENTER (00391.HK) announced that, due to other Business, Lin Jiali has resigned as the company's independent non-executive Director and will no longer serve as the chairman of the audit committee and the remuneration committee, as well as a member of the nomination committee, effective December 30, 2024. Zhang Zhanhao, 64 years old, has been appointed as the company's independent non-executive Director, chairman of the audit committee and the remuneration committee, effective December 30, 2024. Luo Xiuli, 50 years old, has been appointed as the company's independent non-executive Director and a member of the nomination committee, effective December 30, 2024.
The Lunar New Year holiday is approaching! Film stocks on the Hong Kong stock market are responding positively, with ALI PICTURES rising over 5%.
① What measures has the government implemented to boost consumer spending in the film industry? ② How do the institutions view the film market in 2025?
MEI AH ENTER: Interim results announcement For the six months ended 30th September 2024
Mei Ah Entertainment Group Expects Wider Loss in Fiscal H1
Mei Ah Entertainment News (00391.HK) expects a mid-term shareholder loss of about 30 million to 40 million Hong Kong dollars.
Grace news on November 22nd, Mei Ah Entertainment (00391.HK) announced that the group expects a shareholder net loss of approximately HK$30,000,000 to HK$40,000,000 for the six months ending September 30, 2024, compared to a loss of approximately HK$4,500,000 for the corresponding period in 2023. The main reasons for this change include: (i) a decrease in revenue from the segment 'theater chain and film copyright licensing and transfer' due to a reduction in the number of films delivered and completed during this period as several media platform contracts reached a stage of completion; (ii) launches by the group during this period.
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