Century Entertainment Narrows Annual Loss

Century Entertainment International Holdings Limited (HK:0959) has released an update.

Century Entertainment International Holdings Limited reported no revenue for the fiscal year ended March 31, 2024, with a net loss of HK$24.2 million, a significant reduction from the previous year’s HK$62.5 million loss. This decrease in net loss is attributed to the absence of impairment losses on intangible assets and a HK$15.4 million drop in impairment losses on accounts and other receivables. Moreover, the company’s loss per share decreased to HK$18.88 from HK$48.77 in the previous year.

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