SEEC Media Group Reports Increased Losses
Company Announcements

SEEC Media Group Reports Increased Losses

SEEC Media Group Limited (HK:0205) has released an update.

SEEC Media Group Limited reported a loss for the six months ended 30 June 2024, with revenue dropping from HK$21,828,000 to HK$15,331,000 compared to the same period in 2023, and a significant increase in the loss from HK$8,958,000 to HK$25,701,000. The company also experienced a total comprehensive expense for the period of HK$41,367,000, a sharp decline in financial position. These interim results highlight challenges for the company amid a tough economic environment.

For further insights into HK:0205 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App