Universe Entertainment and Culture Group Company Limited (HK:1046) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.