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The latest announcement is out from Starlight Culture Entertainment Group Limited ( (HK:1159) ).
Smart Digital Technology Group Limited announced its interim results for the six months ending June 30, 2025. The company reported a significant increase in profit, achieving HK$150,996,000 compared to a loss of HK$11,286,000 in the same period of 2024. This turnaround was primarily driven by a gain on the disposal of subsidiaries amounting to HK$244,670,000, despite a decrease in revenue and an increase in impairment losses on prepayments and other assets. The results indicate a strategic shift in the company’s operations, potentially impacting its market positioning and stakeholder interests.
More about Starlight Culture Entertainment Group Limited
Average Trading Volume: 1,397,460
Technical Sentiment Signal: Hold
Current Market Cap: HK$537.6M
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