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An update from Maoyan Entertainment ( (HK:1896) ) is now available.
Maoyan Entertainment has issued a profit warning for FY2024, anticipating a significant decline in revenue and profit compared to FY2023. This downturn is attributed to a decrease in China’s film market box office and underperformance of certain films. However, the company has seen growth in its live entertainment business and plans to continue enhancing its film promotion and production capabilities in 2025.
More about Maoyan Entertainment
Maoyan Entertainment, incorporated in the Cayman Islands, operates in the entertainment industry with a focus on online movie ticketing and entertainment content services. The company is also involved in the live entertainment sector, where it has seen significant growth.
YTD Price Performance: -0.63%
Average Trading Volume: 9,748,806
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$9.14B
For a thorough assessment of 1896 stock, go to TipRanks’ Stock Analysis page.