UNIVERSE ENT (01046) Reports Annual Results with Loss Attributable to Shareholders of HK$63.19 Million, Up 107.58% YoY
Stock News
Sep 29
UNIVERSE ENT (01046) announced its annual results for the year ended June 30, 2025. The group recorded total revenue of HK$473 million, representing a year-on-year increase of 29.39%. Loss attributable to owners of the company amounted to HK$63.19 million, up 107.58% compared to the previous year. Loss per share was HK$0.0697.
According to the announcement, the increase in the group's loss was primarily due to impairment losses on film copyrights, films in production and film-related deposits, which increased by approximately HK$46.7 million compared to the previous year. This was attributed to changes in comparable market conditions and box office performance falling short of expectations.
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