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Mei Ah Entertainment Narrows Annual Losses

Mei Ah Entertainment Narrows Annual Losses

Mei Ah Entertainment Group Limited (HK:0391) has released an update.

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Mei Ah Entertainment Group Limited reported a reduced annual loss for the year ended 31st March 2024, with a loss of HK$23,435,000 compared to the previous year’s HK$49,156,000. Despite increased revenues reaching HK$117,836,000, the company faced considerable costs leading to an operating loss. The loss per share also improved from HK$0.83 to HK$0.36, indicating a smaller impact on shareholders.

For further insights into HK:0391 stock, check out TipRanks’ Stock Analysis page.

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