UNIVERSE ENT issued a profit warning, expecting a mid-term loss of approximately HKD 67.6 million to HKD 77.6 million

Zhitong
2025.01.23 09:03
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UNIVERSE ENT issued a profit warning, expecting a loss of approximately HKD 67.6 million to HKD 77.6 million for the six months ending December 31, 2024, a significant decline from a profit of HKD 52,000 in the same period last year. The increase in losses is mainly due to an increase in film copyright impairment losses of approximately HKD 64.5 million, as well as a decrease in film copyright revenue and expected revenue