Icon Culture Global Co. Ltd. Reports 13.7% Drop in Revenue and RMB17.8 Million Loss for 2024

Reuters

05-20

Icon Culture Global Co. Ltd. Reports 13.7% Drop in Revenue and RMB17.8 Million Loss for 2024

Icon Culture Global Co. Ltd. reported a decrease in revenue for the year ended 31 December 2024, with total revenue amounting to approximately RMB21.9 million, down from approximately RMB25.4 million in 2023, reflecting a decline of about RMB3.5 million or 13.7%. The Group experienced a gross loss for 2024, as the gross profit margin fell from approximately 16.4% in 2023 to approximately -9.8% in 2024. The Group reported a loss for the year of approximately RMB17.8 million, a significant reduction compared to the loss of approximately RMB84.6 million recorded in 2023. Basic loss per share for 2024 was approximately RMB0.06, compared to approximately RMB0.38 for the previous year. Additionally, the Group has not recommended the payment of a final dividend for 2024, consistent with the decision made for 2023. During 2024, the Group also initiated a new business venture in the trading of goods, although this has not yet generated any revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Icon Culture Global Co. Ltd. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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Ltd. Reports 13.7% Drop in Revenue and RMB17.8 Million Loss for 2024","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Icon Culture Global Co. Ltd. Reports 13.7% Drop in Revenue and RMB17.8 Million Loss for 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Icon Culture Global Co. Ltd. reported a decrease in revenue for the year ended 31 December 2024, with total revenue amounting to approximately RMB21.9 million, down from approximately RMB25.4 million in 2023, reflecting a decline of about RMB3.5 million or 13.7%. The Group experienced a gross loss for 2024, as the gross profit margin fell from approximately 16.4% in 2023 to approximately -9.8% in 2024. 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Ltd. Reports 13.7% Drop in Revenue and RMB17.8 Million Loss for 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-20 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Icon Culture Global Co. Ltd. Reports 13.7% Drop in Revenue and RMB17.8 Million Loss for 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Icon Culture Global Co. 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Ltd. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL6Vb4Vj:1","article_id":"2536643595","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536643595","pubTimestamp":1747748793,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Icon Culture Global Co. 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