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New Silkroad Culturaltainment Reports Interim Financial Results

Story Highlights
  • New Silkroad Culturaltainment Ltd. operates in the cultural and entertainment industry.
  • The company reported a significant interim loss due to decreased revenue and goodwill impairment.
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New Silkroad Culturaltainment Reports Interim Financial Results

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The latest announcement is out from New Silkroad Culturaltainment Ltd. ( (HK:0472) ).

New Silkroad Culturaltainment Ltd. announced its unaudited interim results for the six months ended June 30, 2025. The company reported a decrease in revenue from continuing operations, with a gross profit of HK$48,095,000 compared to HK$57,420,000 in the previous period. The period saw a significant impairment loss of goodwill amounting to HK$48,456,000, contributing to an overall loss from operating activities of HK$42,042,000. Despite the challenges, the company continues to focus on its core operations, with implications for stakeholders regarding its financial health and strategic direction.

More about New Silkroad Culturaltainment Ltd.

New Silkroad Culturaltainment Ltd. operates in the entertainment and cultural industry, focusing on providing cultural and entertainment services. The company is involved in various projects and services that cater to the cultural and entertainment needs of its market.

Average Trading Volume: 493,836

Technical Sentiment Signal: Sell

Current Market Cap: HK$535.7M

For an in-depth examination of 0472 stock, go to TipRanks’ Overview page.

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