The latest update is out from China Ruyi Holdings Limited ( (HK:0136) ).
China Ruyi Holdings Limited announced an expected adjusted net profit of approximately RMB1,200 million for the year ended December 31, 2024, marking a 111% increase from the previous year. Despite this, the company anticipates a net loss of RMB210 million due to a significant accounting adjustment related to the full exercise of warrants issued in 2021, which will not impact future financial performance.
More about China Ruyi Holdings Limited
China Ruyi Holdings Limited is a company incorporated in Bermuda, operating in the entertainment industry with a focus on virtual cinema and related services. The company has been involved in strategic acquisitions to enhance its market position.
YTD Price Performance: 2.86%
Average Trading Volume: 51,594,824
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$38.86B
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