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YH Entertainment Group ( (HK:2306) ) just unveiled an update.
YH Entertainment Group has issued a positive profit alert, indicating a significant financial turnaround for the year ended December 31, 2024. The company expects to report a net profit of at least RMB5 million, a notable improvement from the previous year’s net loss of approximately RMB140.8 million. This positive change is attributed to the absence of further fair value loss related to convertible preferred shares and listing expenses, as well as a reduction in equity settled share-based payments.
More about YH Entertainment Group
YH Entertainment Group is a company incorporated in the Cayman Islands, operating within the entertainment industry. The company is listed on The Stock Exchange of Hong Kong Limited and focuses on providing entertainment services.
YTD Price Performance: -4.76%
Average Trading Volume: 237,964
Technical Sentiment Consensus Rating: Buy
See more insights into 2306 stock on TipRanks’ Stock Analysis page.