Icon Culture Global Co. Ltd. Reports 13.7% Decline in 2024 Revenue, Narrows Net Loss to RMB 17.8 Million from RMB 84.6 Million in 2023

Reuters

May 29

Icon Culture Global Co. Ltd. Reports 13.7% Decline in 2024 Revenue, Narrows Net Loss to RMB 17.8 Million from RMB 84.6 Million in 2023

Icon Culture Global Co. Ltd. has reported its financial results for the year 2024. The company recorded a revenue of RMB 21.95 million, marking a 13.7% decrease from the previous year's revenue of RMB 25.42 million. The loss attributable to equity shareholders of the company significantly improved to RMB 17.81 million, from a loss of RMB 84.65 million in 2023, representing a 79.0% reduction in losses. Revenue from traditional offline media advertising services accounted for 49.7% of the total revenue, while online media advertising services contributed 17.5%. Public relations, marketing campaigns, and other services represented 32.8% of the revenue. The company's industry context reveals a challenging environment, with China's economy facing external pressures and internal difficulties, though it remains overall stable. There is no specific outlook or guidance provided in the report regarding future performance.

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. Icon Culture Global Co. Ltd. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Reports 13.7% Decline in 2024 Revenue, Narrows Net Loss to RMB 17.8 Million from RMB 84.6 Million in 2023","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Icon Culture Global Co. Ltd. Reports 13.7% Decline in 2024 Revenue, Narrows Net Loss to RMB 17.8 Million from RMB 84.6 Million in 2023\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Icon Culture Global Co. Ltd. has reported its financial results for the year 2024. The company recorded a revenue of RMB 21.95 million, marking a 13.7% decrease from the previous year's revenue of RMB 25.42 million. The loss attributable to equity shareholders of the company significantly improved to RMB 17.81 million, from a loss of RMB 84.65 million in 2023, representing a 79.0% reduction in losses. 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Reports 13.7% Decline in 2024 Revenue, Narrows Net Loss to RMB 17.8 Million from RMB 84.6 Million in 2023\n    \n\n        Icon Culture Global Co. Ltd. has reported its financial results for the year 2024. The company recorded a revenue of RMB 21.95 million, marking a 13.7% decrease from the previous year's revenue of RMB 25.42 million. The loss attributable to equity shareholders of the company significantly improved to RMB 17.81 million, from a loss of RMB 84.65 million in 2023, representing a 79.0% reduction in losses. Revenue from traditional offline media advertising services accounted for 49.7% of the total revenue, while online media advertising services contributed 17.5%. Public relations, marketing campaigns, and other services represented 32.8% of the revenue. The company's industry context reveals a challenging environment, with China's economy facing external pressures and internal difficulties, though it remains overall stable. 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