Universe Entertainment and Culture Group Company Limited (HK:1046) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.
For further insights into HK:1046 stock, check out TipRanks’ Stock Analysis page.