UNIVERSE ENT (01046) Issues Profit Warning, Expects Interim Loss of HK$7M to HK$17M
Stock News
Feb 03
UNIVERSE ENT (01046) has announced that the Group is expected to record a loss ranging from approximately HK$7 million to HK$17 million for the six-month period ending December 31, 2025. For the six-month period ended December 31, 2024, the Group recorded a loss of approximately HK$74.7 million. The Group's performance for the current period shows improvement compared to the previous period, primarily due to a reduction in impairment losses for film copyrights, films in production, and film-related deposits of approximately HK$64.5 million compared to the prior period.
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