SHAW BROTHERS Holdings issued a profit warning, expecting a mid-term net profit of approximately 6.7 million yuan, turning a profit compared to the same period last year
SHAW BROTHERS announced a profit alert, expecting a mid-term net profit of approximately 6.7 million yuan for the period ending June 30, 2025, turning from a loss to a profit year-on-year. Revenue is expected to be 106 million yuan, a year-on-year increase of approximately 734%. The revenue growth is mainly attributed to the increase in film, series, and non-series businesses
According to the announcement from SHAW BROTHERS (00953), it is expected to achieve revenue of RMB 106 million for the six months ending June 30, 2025, representing an approximate increase of 734% compared to the same period in 2024. The group also expects to achieve a net profit of approximately RMB 6.7 million during this period, whereas it recorded a net loss of approximately RMB 3.3 million for the same period in 2024. The increase in revenue and the turnaround from net loss to net profit are primarily due to the increase in revenue recognized from the film, series, and non-series business segments during this period
