Alibaba Pictures Reports Strong Financial Growth Amidst Industry Challenges

Alibaba Pictures Group Limited ( (HK:1060) ) has provided an update.

Alibaba Pictures Group Limited announced its financial results for the year ending March 31, 2025, reporting a 33% increase in revenue and a 28% rise in profit attributable to owners. Despite a slowdown in the global film industry and a decrease in the Chinese film market’s box office revenue, the company demonstrated strong financial performance. The performance market showed growth, with increased consumer demand for live entertainment, while the IP licensing market maintained steady growth, ranking as the fourth-largest globally. These developments highlight Alibaba Pictures’ resilience and adaptability in a challenging market environment.

The most recent analyst rating on (HK:1060) stock is a Buy with a HK$0.60 price target. To see the full list of analyst forecasts on Alibaba Pictures Group Limited stock, see the HK:1060 Stock Forecast page.

More about Alibaba Pictures Group Limited

Alibaba Pictures Group Limited operates within the entertainment industry, focusing on film production, distribution, and related services. The company is involved in the offline entertainment market, including film, performance, and IP licensing sectors, with a significant presence in the Chinese market.

Average Trading Volume: 121,172,441

Technical Sentiment Signal: Hold

Current Market Cap: HK$14.79B

Learn more about 1060 stock on TipRanks’ Stock Analysis page.