EMPEROR CULTURE (00491) Issues Profit Warning, Expects Annual Net Loss to Narrow Significantly to No More Than HK$200 Million

Stock News

08/27

EMPEROR CULTURE (00491) announced that the group's net loss is expected to narrow significantly to no more than HK$200 million for the year ending June 30, 2025 (current year), compared to HK$715 million in 2024. The improvement is primarily attributable to a substantial reduction in impairment provisions for right-of-use assets and property, plant and equipment to no more than HK$70 million in the current year, compared to HK$428 million in 2024.

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