Litian Pictures (09958) announced its performance for the 12 months ended December 31, 2024, with a net loss of 43.121 million yuan, a decrease of 72.3% year-on-year.

LITIAN PICTURES (09958) announced its financial results for the 12 months ending December 31, 2024. The company reported total revenue of 15123 million yuan, a decrease of 86.7% compared to the previous year; a net loss of 43121 million yuan, a decrease of 72.3% compared to the previous year; and a basic loss per share of 0.14 yuan. The decrease in revenue during the period was mainly due to a decrease in revenue from self-produced TV drama distribution and broadcasting rights licensing of approximately 6270 million yuan, as well as a decrease in revenue from purchasing TV drama distribution and broadcasting rights licensing of approximately 3070 million yuan.