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Emperor Culture Posts Lower H1 Loss; Shares Slide 13%
Investors Still Aren't Entirely Convinced By Emperor Culture Group Limited's (HKG:491) Revenues Despite 29% Price Jump
EMPEROR CULTURE (00491.HK) Mid-term total revenue for the 2024/2025 fiscal year decreased to 0.243 billion HK dollars.
Gelonghui, February 21st丨EMPEROR CULTURE (00491.HK) announced that for the interim results of the 2024/2025 fiscal year, due to weak consumer demand and a lack of blockbuster films, the group's total revenue decreased to 0.243 billion HK dollars during the period. After accounting for depreciation and financial costs, the group's net loss was 56.8 million HK dollars (2023: 0.143 billion HK dollars). The basic loss per share was 0.018 HK dollars (2023: 0.045 HK dollars). In recent years, changes in consumer habits and competition from streaming platforms have led to a transformation of cinemas—from merely showing films to integrating more functions.
Emperor Culture Group Limited Posts Interim Results Amid Economic Challenges
Express News | Emperor Culture Group H1 Revenue HKD 243.1 Million
Express News | Emperor Culture Group H1 Basic EPS HKD -0.018
Market Cool On Emperor Culture Group Limited's (HKG:491) Revenues Pushing Shares 28% Lower
