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Shaw Brothers Holdings Limited ( (HK:0953) ) has provided an announcement.
Shaw Brothers Holdings Limited reported a decline in revenue for the year ended December 31, 2024, with a notable decrease in both its film, drama, and non-drama segment and its artiste and event management segment. The company’s financial performance was impacted by postponed project releases and decreased participation in film or drama projects, leading to a significant increase in losses attributable to the owners. Despite these challenges, the company maintains a stable cash position.
More about Shaw Brothers Holdings Limited
Shaw Brothers Holdings Limited, incorporated in the Cayman Islands, operates in the entertainment industry, focusing on film, drama, and non-drama productions as well as artiste and event management services. The company collaborates with major platforms like Youku and Tencent Video to release its content.
YTD Price Performance: 7.50%
Average Trading Volume: 1,197,584
Technical Sentiment Signal: Buy
Current Market Cap: HK$174.6M
For a thorough assessment of 0953 stock, go to TipRanks’ Stock Analysis page.