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Litian Pictures Holdings Limited ( (HK:9958) ) just unveiled an update.
Litian Pictures Holdings Limited announced a significant decrease in revenue by 86.7% to RMB15.1 million for the year ending December 31, 2024, compared to the previous year. Despite this drop, the company reported a gross profit of RMB4.7 million, a notable improvement from the gross loss of RMB67.7 million in 2023. The loss attributable to equity shareholders decreased by 72.3% to RMB43.1 million, and the basic and diluted loss per share fell by 73.1% to RMB0.14. The board decided not to declare interim dividends for the period. These financial results, reviewed by the company’s audit committee, reflect a challenging year but also highlight the company’s efforts to improve its financial health.
More about Litian Pictures Holdings Limited
Litian Pictures Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the entertainment industry. It focuses on film production and distribution, catering to a diverse market with a range of cinematic offerings.
YTD Price Performance: -14.17%
Average Trading Volume: 832,667
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$30.9M
Find detailed analytics on 9958 stock on TipRanks’ Stock Analysis page.