tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

One Media Group Reports Increased Losses in Q3 2024

Story Highlights
One Media Group Reports Increased Losses in Q3 2024

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

One Media Group Limited ( (HK:0426) ) just unveiled an update.

One Media Group Limited reported a significant decline in its financial performance for the third quarter ending December 31, 2024. The company experienced a decrease in turnover from HK$11,719,000 in 2023 to HK$8,812,000 in 2024, leading to an increased operating loss of HK$4,703,000 compared to HK$2,600,000 the previous year. The total comprehensive loss for the period was HK$6,042,000, highlighting challenges in the company’s financial health and potentially impacting its market positioning.

More about One Media Group Limited

One Media Group Limited is a company incorporated in the Cayman Islands, primarily engaged in media and publishing. It operates through its subsidiaries, focusing on delivering media content and related services.

YTD Price Performance: 6.00%

Average Trading Volume: 313,258

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$21.25M

For a thorough assessment of 0426 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1