Is Litian Pictures Holdings (HKG:9958) A Risky Investment?

Simply Wall StSep 27 18:48 ET

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.

Zhitong FinanceSep 27 03:18 ET

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.

Zhitong FinanceSep 23 03:21 ET

LITIAN PICTURES: Interim Report 2024

HKEXSep 20 04:54 ET · Announcements

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.

金吾財訊Sep 8 23:40 ET

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.

Gelonghui FinanceAug 26 10:07 ET