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One Media Group Reports Q1 Operating Loss

One Media Group Reports Q1 Operating Loss

One Media Group Limited (HK:0426) has released an update.

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One Media Group Limited, listed under stock code 426, reported an unaudited consolidated operating loss of HK$4,539,000 for the first quarter ended June 30, 2024, a slight increase from the previous year’s loss of HK$4,442,000. The company’s turnover decreased compared to the same period in 2023, and both basic and diluted loss per share also saw a marginal rise. Despite a challenging quarter, a fair value gain on a financial asset provided some relief to the overall comprehensive loss for the period.

For further insights into HK:0426 stock, check out TipRanks’ Stock Analysis page.

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