Mei Ah Entertainment Reports 7% Revenue Decline and Operating Loss of HK$51.4M for FY2025

Reuters
06/30
Mei Ah Entertainment Reports 7% Revenue Decline and Operating Loss of HK$51.4M for FY2025

Mei Ah Entertainment Group Limited has announced its consolidated results for the year ended 31st March 2025. The Group reported a revenue of HK$110.344 million, a decrease from HK$117.836 million in the previous year. Gross profit also declined significantly to HK$11.123 million from HK$56.599 million the previous year. The Group experienced an operating loss of HK$51.392 million, a deterioration from the HK$17.110 million loss reported last year. This performance includes a net reversal of impairment losses on financial assets amounting to HK$32.240 million, up from HK$987,000 the previous year. Other income for the year was HK$8.350 million, slightly down from HK$8.657 million last year, while other net losses increased to HK$17.215 million compared to HK$13.385 million in the prior year. Selling, distribution, and marketing expenses rose to HK$13.132 million from HK$5.313 million, and administrative expenses increased to HK$72.758 million from HK$64.655 million. The Group's finance costs, net of finance income, stood at HK$7.244 million, showing a slight improvement from HK$7.151 million in the previous year. The results reflect a challenging year for the Group, with variations in revenue streams such as channel operations, film exhibition and licensing, and concert performance and events organization contributing to the overall financial performance. No specific outlook or guidance for the upcoming year was provided in the announcement.

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. Mei Ah Entertainment Group Limited published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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