EMPEROR CULTURE issued a profit warning, expecting the annual net loss to significantly narrow to no more than HKD 200 million compared to the previous year
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According to the announcement from EMPEROR CULTURE, the group's net loss is expected to significantly narrow to no more than HKD 200 million for the year ending June 30, 2025 (this year) (2024: HKD 715 million). The improvement is mainly due to a substantial decrease in impairment provisions for right-of-use assets and properties, machinery, and equipment to no more than HKD 70 million (2024: HKD 428 million)
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