Strawbear Entertainment Group (HK:2125) has released an update.
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Strawbear Entertainment Group has announced an expected significant increase in its consolidated net profit, forecasting approximately RMB29.0 million to RMB39.0 million for the first half of 2024, a surge of over 2000% compared to the previous year. The growth is primarily due to increased revenue from the Group’s drama series broadcasts, attributed to strategic adjustments in themes, investment scale, and rising popularity. Investors are advised to exercise caution and look forward to the official interim results release in August 2024.
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