(00491) announces a profit warning, expecting the mid-term net loss to narrow to not more than HKD 60 million.

EMPEROR CULTURE (00491) announced that the group expects its profit before interest, tax, depreciation and amortization for the six months ending December 31, 2024 to increase significantly to not more than HK$60 million (2023: HK$5.5 million). The improvement is mainly due to the income related to leasing and effective cost control measures. Taking into account depreciation and financial costs, the group expects its net loss to narrow to not more than HK$60 million in this period (2023: HK$143.2 million).