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Maoyan Entertainment ( (HK:1896) ) has shared an announcement.
Maoyan Entertainment announced its interim results for the first half of 2025, reporting a revenue increase to RMB2,472.2 million, but a decline in gross profit and net profit compared to the previous year. The company faced challenges due to a downturn in the film market after the Spring Festival, affecting profitability despite maintaining a strong industry position and expanding its offline performance business. The company participated in the promotion and distribution of numerous films, setting records for the number of projects handled, although some projects underperformed expectations.
The most recent analyst rating on (HK:1896) stock is a Hold with a HK$8.00 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 leading film promoter and distributor in China, actively participating in the promotion, distribution, and production of domestic movies. The company provides a wide range of services for an increasing number of movies and maintains a market-leading position in distribution and promotion. It also engages in the live performance and intellectual property businesses.
Average Trading Volume: 7,696,788
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.29B
For detailed information about 1896 stock, go to TipRanks’ Stock Analysis page.