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SEEC Media Group Limited Reports 2024 Financial Results with Decreased Revenue and Losses

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SEEC Media Group Limited Reports 2024 Financial Results with Decreased Revenue and Losses

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SEEC Media Group Limited ( (HK:0205) ) just unveiled an announcement.

SEEC Media Group Limited announced its audited final results for the year ended December 31, 2024, reporting a decrease in revenue to HK$30,151,000 from HK$38,379,000 in 2023. Despite an increase in gross profit, the company faced a significant loss before tax of HK$29,403,000, compared to a loss of HK$40,465,000 in the previous year, due to various impairment losses and administrative expenses. The total comprehensive expense for the year also decreased, indicating a challenging financial year for the company.

More about SEEC Media Group Limited

SEEC Media Group Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the media industry, focusing on providing media-related services and products.

YTD Price Performance: -24.37%

Average Trading Volume: 49,424

Technical Sentiment Signal: Buy

Current Market Cap: HK$109.7M

For detailed information about 0205 stock, go to TipRanks’ Stock Analysis page.

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