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An update from Values Cultural Investment Limited ( (HK:1740) ) is now available.
Values Cultural Investment Limited has released a supplemental announcement regarding its annual report for the year ended December 31, 2024. The company disclosed a breakdown of trade receivables, highlighting significant credit impairments and increased loss rates due to slow-moving receivables. Notably, the financial constraints of Company A and the liquidation proceedings of Company B have led to substantial provisions for expected impairment losses. This situation reflects ongoing challenges in revenue collection and poses significant risks to the company’s financial health.
More about Values Cultural Investment Limited
Values Cultural Investment Limited operates in the entertainment industry, focusing on investments in TV series and related media productions. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 801,300
Technical Sentiment Signal: Buy
Current Market Cap: HK$95.45M
For a thorough assessment of 1740 stock, go to TipRanks’ Stock Analysis page.