UNIVERSE ENT issued a profit warning, expecting an annual loss to increase to approximately HKD 57 million - 67 million

Zhitong
2025.07.11 12:23
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UNIVERSE ENT expects its annual loss for the period ending June 30, 2025, to increase to approximately HKD 57 million to HKD 67 million, a significant increase from the HKD 31.2 million loss in the same period of 2024. The increase in loss is mainly due to a decrease in revenue from film copyrights, films in production, and related deposits, resulting in an impairment loss increase of approximately HKD 46.9 million