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Sino-Entertainment Technology Holdings Limited ( (HK:6933) ) has issued an announcement.
Sino-Entertainment Technology Holdings Limited has announced a significant reduction in its net loss for the fiscal year ending December 31, 2024, with an expected loss of approximately RMB40.0 million compared to RMB104.6 million in the previous year. This improvement is attributed to increased revenue from game co-publishing and development, reversal of impairment losses, and higher administrative expenses due to amortization and share-based payments. Stakeholders are advised to review the final audited results with caution when they are released in March 2025.
More about Sino-Entertainment Technology Holdings Limited
Sino-Entertainment Technology Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the co-publishing of third-party games and the development and sales of its own games.
YTD Price Performance: -10.0%
Average Trading Volume: 160,666
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$74.67M
For detailed information about 6933 stock, go to TipRanks’ Stock Analysis page.