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An announcement from Huanxi Media Group Ltd. ( (HK:1003) ) is now available.
Huanxi Media Group Ltd. reported a significant financial downturn for the year ended December 31, 2024, with a net loss of HK$260.8 million compared to a profit of HK$159.1 million in 2023. The company’s revenue and film investment loss dropped drastically, leading to a gross loss and a substantial operating loss, highlighting challenges in its financial performance and market positioning.
More about Huanxi Media Group Ltd.
Huanxi Media Group Ltd. operates in the media and entertainment industry, focusing on film production and distribution. The company is known for investing in and producing films, aiming to capture a significant share of the entertainment market.
YTD Price Performance: 5.43%
Average Trading Volume: 769,232
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.77B
See more insights into 1003 stock on TipRanks’ Stock Analysis page.