Is Litian Pictures Holdings (HKG:9958) A Risky Investment?
HK Stock Market | litian pictures (09958) experienced a significant volume collapse, with a nearly 85% plunge at the close. The first-half television drama distribution business revenue declined year-on-year.
litian pictures (09958) experienced a heavy volume plummet at the close, with a drop of 82.24% as of the time of publication, closing at 0.27 Hong Kong dollars, with a turnover of 50.1942 million Hong Kong dollars.
Hong Kong stocks are volatile | Litian Pictures (09958) fell more than 21%, leading the decline in film concept stocks. The box office performance during the Mid-Autumn Festival was mediocre, still significantly lower than the same period in 2019.
Film concept stocks fell across the board today. As of the time of publication, Litian Pictures (09958) fell by 20.34% to HK$1.41; China Ruyi (00136) fell by 5.34% to HK$1.95; Orange Sky G H (01132) fell by 5% to HK$0.038; Maoyan Ent (01896) fell by 0.66% to HK$6.06.
LITIAN PICTURES: Interim Report 2024
litian pictures [09958] is now trading at HKD 2.32, with a significant increase of 11.01%.
As of 11:40, Litian Pictures [09958] reported 2.32 Hong Kong dollars, up 0.23 Hong Kong dollars or 11.01% from yesterday's closing price of 2.09 Hong Kong dollars, with a turnover of 5.7072 million Hong Kong dollars. The highest price today is 2.32 Hong Kong dollars, and the lowest price is 2.05 Hong Kong dollars. Based on the closing price of the previous day, the 10-day average price is 3.29 Hong Kong dollars, and the 50-day average price is 3.49 Hong Kong dollars. The current pe ratio is -4.73 times, and the 14-day relative strength index is 47.62.
Litian Pictures (09958.HK) reported a 86.9% decrease in interim earnings to 10.1 million yuan.
Litian Pictures (09958.HK) announced on August 26 that for the six months ended June 30, 2024, the company's revenue decreased by 86.9% to 10.1 million yuan from 77.1 million yuan in the same period of 2023. The gross profit for the six months ended June 30, 2024 decreased by 62.2% to 3.7 million yuan from 9.8 million yuan in the same period of 2023. The company's attributable loss to equity shareholders increased by 53.3% to 10.5 million yuan from 6.8 million yuan in the same period of 2023.
Express News | Litian Pictures Holdings H1 Revenue RMB 10.1 Million
Express News | Litian Pictures Holdings H1 EPS RMB -0.03
Express News | Litian Pictures Holdings H1 Gross Margin 36.8%
Express News | Litian Pictures Holdings H1 ROE -38%
LITIAN PICTURES: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the gaming and IP reserve products are abundant, and the gaming sector may usher in a new product cycle.
Litian Pictures Unveils New Board Structure
Litian Pictures (09958.HK): Huna appointed as Executive Director
Litian Pictures (09958.HK) announced on August 13 that the following directors have resigned and been appointed, effective from August 13, 2024: (1) Fu Jieyun resigned as executive director and member of the company's nomination committee; (2) Liu Hanlin resigned as independent non-executive director, chairman of the audit committee, and member of the remuneration committee and nomination committee respectively; (3) Gan Weimin resigned as independent non-executive director, chairman of the remuneration committee, and member of the audit committee; and (4) Hu Na has been appointed as executive director and member of the nomination committee; and (5) Xie Guoxing has been appointed as an independent non-executive director, chairman of the audit committee, and member of the remuneration committee.
Express News | Litian Pictures Holdings Ltd - Hu NA Appointed as an Executive Director
Express News | Litian Pictures - Fu Jieyun Resigned as an Executive Director
Litian Pictures Schedules Key Financial Meeting
Litian Pictures (09958.HK) will hold a board of directors meeting on August 26 to approve the interim performance.
Litian Pictures (09958.HK) announced that the Board of Directors will hold a meeting on August 26, 2024 to review and approve the interim performance of the company and its subsidiaries for the six months ended June 30, 2024, as well as the proposal for interim dividend (if any) distribution.
LITIAN PICTURES: DATE OF BOARD MEETING
Revenues Not Telling The Story For Litian Pictures Holdings Limited (HKG:9958) After Shares Rise 49%
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