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Huayi Tencent Entertainment Co., Ltd. ( (HK:0419) ) has issued an announcement.
Hony Media Group reported its annual financial results for the year ending December 31, 2024, showing a decline in revenue and an increased net loss compared to 2023. The company experienced a significant loss from continuing operations, with revenue dropping from HK$1,344,031,000 in 2023 to HK$1,018,462,000 in 2024, and a net loss of HK$177,190,000, indicating operational challenges and potential impacts on stakeholders.
More about Huayi Tencent Entertainment Co., Ltd.
Hony Media Group, formerly known as Huayi Tencent Entertainment Company Limited, operates in the entertainment industry. The company focuses on media and entertainment services, leveraging its subsidiaries to deliver a range of products and services in this sector.
YTD Price Performance: -24.64%
Average Trading Volume: 6,995,202
Technical Sentiment Signal: Buy
Current Market Cap: HK$706.4M
See more insights into 0419 stock on TipRanks’ Stock Analysis page.