VALUES CULTURAL Swings to Narrower Interim Net Loss Amid Prolonged Sector Downturn

Stock News
08/28

VALUES CULTURAL (01740) has posted its interim results for the six months ended June 30, 2026, with revenue of RMB 5.677 million, a year-on-year decline of 50.4%. The company reported a loss attributable to shareholders of RMB 3.81 million, narrowing by 41.09% compared with the same period last year. Basic loss per share stood at 0.37 cent.

According to the announcement, during the reporting period, revenue was primarily generated from licensing broadcast rights for TV dramas or web series, event services, and web series production. The board attributed the net loss mainly to the persistently weak conditions in China's web series and TV drama markets, which resulted in (i) web series aired during the period generating revenue below group expectations, and (ii) delays in the broadcast schedule of self-produced TV dramas.

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