Maoyan Entertainment Flags Up to 44% Drop in H1 Profit
MT Newswires Live
Aug 11
Maoyan Entertainment (HKG:1896) expects an up to 44% decrease in profit for the first half of 2025, according to a Hong Kong bourse filing Friday.
Shares of the entertainment company fell nearly 1% in recent Monday trade.
The company expects to book 160 million yuan to 200 million yuan in attributable profit for the six months ended June 30, down 30% to 44% from the 284.8 million yuan posted in the year-ago period.
Meanwhile, revenue is expected to rise 11% to 15% to between 2.4 billion yuan and 2.5 billion yuan, the company said.
Maoyan Entertainment's results are due later this month.
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