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Maoyan Entertainment ( (HK:1896) ) has shared an update.
Maoyan Entertainment has issued a profit warning for the first half of 2025, despite an increase in revenue compared to the same period in 2024. The company’s profit is expected to decline due to a downturn in the film market from March to June 2025 and increased operating costs. However, the company continues to invest in high-quality content and expand its performance business, which is expected to positively impact future operations.
The most recent analyst rating on (HK:1896) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on Maoyan Entertainment stock, see the HK:1896 Stock Forecast page.
More about Maoyan Entertainment
Maoyan Entertainment is a company incorporated in the Cayman Islands, primarily engaged in the entertainment industry. It focuses on film promotion, distribution, and production, as well as providing ticketing agency services for concerts and major events. The company is also exploring new business models in the IP business sector to enhance its market competitiveness.
Average Trading Volume: 7,085,772
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.54B
For detailed information about 1896 stock, go to TipRanks’ Stock Analysis page.