Why did ali pictures (01060.HK) deliver different performance against the trend?

Since the beginning of this year, especially in the third quarter, the film industry as a whole has entered a "cooling-off period". According to statistics, the total national box office for the first half of the year decreased by 9.51% year-on-year, and this data dropped by 43.8% year-on-year in the third quarter; in the first three quarters, more than 70% of A-share film and television companies experienced a dual decrease in revenue and profit, with over 60% falling into losses. However, on the other hand, the entire industry is still striving for breakthroughs. We can see that ali pictures has turned in a different answer, perhaps inspiring the industry. According to ali pictures' disclosed performance for the first half of 2024/25, as of September 30, 2024, it achieved an income of 30.

Gelonghui Finance00:43 ET

[Hong Kong Stock Connect] ali pictures (01060) fell 7.37% after performance, with half-year net profit decreasing by 27.4% year-on-year.

Jingu Financial News | ali pictures (01060) stock price fell after the performance report, as of press time, down 7.37%, at 0.44 Hong Kong dollars, with a turnover of 19.5881 million Hong Kong dollars. On the news side, the company recently announced its interim performance for the six months ended September, recording a net profit of 0.337 billion yuan (RMB, same below), a decrease of 27.4% year-on-year, with earnings per share of 1.14 cents. No dividend. Revenue for the period reached 3.051 billion yuan, an increase of 16.6% year-on-year. Adjusted EBITA increased by 39% to 0.642 billion yuan.

Jinwu Financial NewsNov 20 20:39 ET

Zhizhong Hong Kong stocks early knowledge | Ministry of Industry and Information Technology: Guide photovoltaic companies to reduce purely capacity expansion photovoltaic manufacturing projects. nvidia (NVDA.US) fell by as much as 5% after earnings.

On November 20, the Ministry of Industry and Information Technology issued a notice revising the "Specification Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Management of Announcements for the Photovoltaic Manufacturing Industry".

Zhitong FinanceNov 20 18:43 ET

Ali Pictures' mid-term revenue increased by nearly 20% year-on-year. GTJA and Haitong Securities' restructuring has received regulatory approval | Selected Hong Kong Stock Announcements on November 20th.

① Ali pictures' mid-term revenue increased by nearly 20% year-on-year. What is the profitability? ② GTJA and haitong sec's restructuring has received regulatory approval. What are the highlights?

cls.cnNov 20 08:33 ET

Alibaba Pictures Group Reports a 27% Decline in H1 Profit

MT NewswiresNov 20 07:17 ET

ali pictures (01060) announced its interim performance. Adjusted EBITA is approximately 0.642 billion yuan, a 39% year-on-year increase.

Ali Pictures (01060) announced its interim results for the six months ended September 30, 2024, achieving revenue of approximately 3...

Zhitong FinanceNov 20 06:16 ET