Oriental Enterprise Holdings Ltd. Reports 11% Drop in Overall Revenue, Significant Decline in Media Business Sales

Reuters
06-19
Oriental Enterprise Holdings Ltd. Reports 11% Drop in Overall Revenue, Significant Decline in Media Business Sales

Oriental Enterprise Holdings Ltd. announced its annual results for the year ended 31 March 2025. The Group reported a significant decline in its media business revenue, which fell by approximately HK$63.742 million, or 11%, compared to the same period last year. Specifically, the publication and advertising income of "Oriental Daily News" decreased by approximately HK$45.796 million, or 10%, reaching HK$419.017 million. Additionally, revenue from the digital media business dropped by approximately HK$17.946 million, or 18%, to HK$81.417 million. The cost of raw materials for print media saw a reduction of approximately HK$22.179 million, or 25%, compared to the previous year. The Group's total comprehensive income for the year was HK$33.095 million, down from HK$64.585 million in the prior year. Profit attributable to owners of the Company decreased to HK$52.434 million from HK$75.096 million, while earnings per share were reported at HK2.19 cents, down from HK3.13 cents in the previous period. The results highlight the challenging operating environment faced by the Group's media business during the reporting period.

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. Oriental Enterprise Holdings Ltd. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10