Sino-Entertainment Technology Holdings Limited (HK:6933) has released an update.
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Sino-Entertainment Technology Holdings Limited projects a notable decrease in net loss for the first half of 2024, with anticipated losses between RMB 5 to 7 million, compared to RMB 14.2 million in the same period of the previous year. The improvement is attributed to increased game publishing revenue, a reversal of impairment losses, and despite higher administrative costs. Investors are cautioned to await the finalized interim results due by end of August 2024 before making any investment decisions.
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