Beijing Sports and Entertainment Industry Group (HK:1803) has released an update.
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Beijing Sports and Entertainment Industry Group Limited reported a reduction in its loss before tax to HK$14,226,000 for the six-month period ending June 30, 2024, compared to the previous year’s HK$16,978,000. Despite increased revenue and gross profit, the company still experienced a total comprehensive loss of HK$16,116,000, although this is an improvement from the HK$26,263,000 loss in 2023. Basic and diluted loss per share also decreased to HK$0.61 from HK$0.90 year-over-year.
For further insights into HK:1803 stock, check out TipRanks’ Stock Analysis page.