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New Silkroad Culturaltainment Ltd. Reports Reduced Losses for H1 2025

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New Silkroad Culturaltainment Ltd. Reports Reduced Losses for H1 2025

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New Silkroad Culturaltainment Ltd. ( (HK:0472) ) just unveiled an update.

New Silkroad Culturaltainment Ltd. announced a reduction in its net loss for the first half of 2025, expecting a loss between HK$38 million and HK$50 million, compared to HK$51.947 million in the same period in 2024. This improvement is attributed to the absence of losses from a disposed subsidiary, which previously impacted their entertainment business negatively. The company is finalizing its interim results, with the official announcement expected by the end of August 2025.

More about New Silkroad Culturaltainment Ltd.

New Silkroad Culturaltainment Ltd. operates in the entertainment industry, focusing on cultural and entertainment services. The company is involved in various entertainment ventures, including subsidiaries that contribute to its market presence.

Average Trading Volume: 393,322

Technical Sentiment Signal: Sell

Current Market Cap: HK$542.1M

Learn more about 0472 stock on TipRanks’ Stock Analysis page.

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