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Orange Sky Golden Harvest Entertainment (Holdings) Limited ( (HK:1132) ) just unveiled an announcement.
Orange Sky Golden Harvest Entertainment (Holdings) Limited has issued a profit warning, indicating an expected net loss of at least HK$235 million for the year ending December 2024, a significant increase from the HK$90 million loss in 2023. This increase in net loss is attributed to a non-recurring net gain from the disposal of joint venture interests, impairment losses on non-financial assets, and a decrease in consolidated gross profit, which has impacted the company’s operating loss.
More about Orange Sky Golden Harvest Entertainment (Holdings) Limited
Orange Sky Golden Harvest Entertainment (Holdings) Limited operates in the entertainment industry, primarily focusing on film production, distribution, and cinema operations. The company is known for its significant presence in the Asian market, particularly in Hong Kong and China.
YTD Price Performance: 10.0%
Average Trading Volume: 1,488,891
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$134.4M
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