UNIVERSE ENT (01046) issued a profit warning, expecting to incur a mid-term loss of approximately HK$7 million to HK$17 million.
Huanyu Entertainment Culture (01046) announced that the group is expected to record a loss of approximately HK$7 million to HK$17 million for the six month period ending on December 31, 2025. For the six month period ending on December 31, 2024, the group recorded a loss of approximately HK$74.7 million.
UNIVERSE ENT (01046) announces that for the six-month period ending on December 31, 2025, the group is expected to incur a loss of approximately HK$7 million to HK$17 million. For the six-month period ending on December 31, 2024, the group incurred a loss of about HK$74.7 million.
The group's performance in this period has improved compared to the previous period, mainly due to a decrease of approximately HK$64.5 million in impairment losses on movie rights, production of movies, and related deposits.
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