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New Silkroad Culturaltainment Ltd. ( (HK:0472) ) has provided an update.
New Silkroad Culturaltainment Ltd. has issued a profit warning, indicating a significant increase in net loss for the year ended December 31, 2024, with losses expected to rise to between HK$170 million and HK$190 million from HK$82.3 million in 2023. This increase is primarily due to losses on the sale or disposal of subsidiaries and operating losses from businesses sold or disposed of during the year. The figures are based on preliminary unaudited accounts and may be subject to adjustments. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about New Silkroad Culturaltainment Ltd.
New Silkroad Culturaltainment Ltd. operates in the entertainment and cultural industries, focusing on providing cultural and entertainment services. The company is involved in various business activities, including the sale and disposal of subsidiaries.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €71.67M
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