ALLEGRO CULTURE (00550) Announces Interim Results with Net Loss of Approximately HK$10.8 Million, Up 45.19% Year-on-Year
Stock News
Aug 20
ALLEGRO CULTURE (00550) announced its interim results for 2025, reporting revenue of approximately HK$21.8 million, representing a 57.6% increase compared to the same period last year. Gross profit was approximately HK$6.3 million, down 41.7% year-on-year. The company recorded a net loss of approximately HK$10.8 million, an increase of 45.19% compared to the previous year, with a loss per share of 2.38 HK cents. According to the announcement, the revenue increase was primarily driven by the group's expansion of advertising business in mainland China, which led to higher advertising business revenue.
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