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UNIVERSE ENT (01046.HK) plans to hold a Board of Directors meeting on February 28 to approve the interim results.
Globe Dynasty announced on February 7 that UNIVERSE ENT (01046.HK) will hold a Board of Directors meeting on February 28, 2025 (Friday), which includes approving the publication of the interim results of the company and its subsidiaries for the six months ended December 31, 2024, and considering the proposal for an interim dividend distribution (if any).
The total box office of "Nezha: The Devil's Child" has exceeded 6 billion! This has ignited demand for related products, and collaborations are in high demand.
① The derivatives and co-branded products related to "Nezha 2", ranging from everyday consumer items like "Millets" merchandise and Dairy Products to Consumer Electronics and even hardcore products like Autos, have become the "highlights beyond the scene" for the Spring Festival in the Year of the Snake. ② Many manufacturers in Yiwu have been working overnight to produce "Nezha 2 phone cases", "Magic Towel headbands", and "albums", which have all sold over 10,000 units on PDD Holdings.
UNIVERSE ENT (01046.HK): Expected mid-term net loss of 67.6 million HKD - -77.6 million HKD.
On January 23, Gelonghui reported that UNIVERSE ENT (01046.HK) announced that, based on available information, the group expects to record a loss of approximately HKD 67.6 million to HKD 77.6 million for the six months ending December 31, 2024. The group recorded a profit of approximately HKD 52,000 in the previous period. Compared to the previous period, the increase in losses during this period is mainly due to an increase in film copyright impairment losses of approximately HKD 64.5 million, attributed to a decrease in revenue or expected revenue from film copyrights.
Express News | Universe Entertainment and Culture - Expects to Record Loss of HK$67.6 Mln to HK$77.6 Mln for Six Months
UNIVERSE ENT: INSIDE INFORMATION - PROFIT WARNING
Breaking through 41 billion! The annual box office is still racing. Next year's Spring Festival lineup is "a big hit" | Year-end summary.
① The 2024 film market has entered the final sprint phase, and as this year's last major release period, the box office for the New Year's season has surpassed 2.1 billion yuan. The total box office for China Film Co., Ltd. in 2024 has reached 41.696 billion yuan; ② With the recovery of production capacity and the scheduling of blockbusters, the industry generally has a good expectation for the 2025 Spring Festival release period, with several listed film companies presenting "big hits" to compete in next year's Spring Festival.
