Digital Domain Holdings (HK:0547) has released an update.
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Digital Domain Holdings Limited reported a decrease in loss for the six-month period ending June 30, 2024, with a loss of HK$115,011,000 compared to HK$271,683,000 in the same period of the previous year. The company’s revenue dropped from HK$414,577,000 to HK$264,888,000, while both basic and diluted loss per share improved from HK cents (3.691) to HK cents (1.378). Despite a challenging period, the firm showed signs of recovery with reduced losses and gains on disposal of financial assets.
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