Shaw Brothers (00953) Issues Profit Alert, Expects Interim Net Profit of Approximately RMB 6.7 Million, Turning from Loss to Profit Year-over-Year
Stock News
Aug 21
Shaw Brothers (00953) announced that it expects to achieve revenue of RMB 106 million for the six months ended June 30, 2025, representing an increase of approximately 734% compared to the same period in 2024. The group also expects to record a net profit of approximately RMB 6.7 million for the period, compared to a net loss of approximately RMB 3.3 million for the same period in 2024. The revenue increase and turnaround from net loss to net profit were primarily attributable to increased revenue recognized by the group from its film, drama series and non-drama business segments during the period.
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