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Orange Sky Golden Harvest Entertainment (Holdings) Limited ( (HK:1132) ) has provided an update.
Orange Sky Golden Harvest Entertainment (Holdings) Limited has announced a positive profit alert, expecting a net gain of at least HK$125 million for the six months ended June 30, 2025, compared to a net loss of HK$81 million in the same period the previous year. This turnaround is attributed to several factors, including non-recurring gains from lease modifications and reversals of reinstatement cost provisions, an income tax credit from property disposal, and a decrease in operating expenses due to cost reduction measures and temporary rental support.
More about Orange Sky Golden Harvest Entertainment (Holdings) Limited
Orange Sky Golden Harvest Entertainment (Holdings) Limited is a company incorporated in Bermuda, primarily engaged in the entertainment industry. The company, along with its subsidiaries, focuses on cinema operations and film distribution, with a market presence in Hong Kong and other regions.
Average Trading Volume: 3,425,357
Technical Sentiment Signal: Buy
Current Market Cap: HK$165.2M
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