Universe Entertainment and Culture Group Company Limited (HK:1046) has released an update.
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Universe Entertainment and Culture Group Company Limited announced their annual financial results for the year ended June 30, 2024, reporting a significant increase in revenue from film distribution and exhibition, yet still experiencing a net loss for the year. Total revenue more than doubled compared to the previous year, but increased costs and impairments led to a net loss, though smaller than the loss reported for the previous year.
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