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CHINA STAR ENT: 2024 Annual Report
The National Film Administration has stated that it will moderately reduce the import quantity of USA films, causing related US stocks to plummet.
① The National Film Bureau responded today to the USA's increased tariffs on China, stating that it will moderately reduce the number of American films imported. ② According to reporters from Caixin, cinema sources have indicated that there has been no notification of Hollywood films such as 'Thunder Force' being withdrawn from release. ③ Over the past three years, domestic films have dominated the annual box office.
China Star Entertainment Limited's (HKG:326) P/S Is Still On The Mark Following 213% Share Price Bounce
CHINA STAR ENT: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024
CHINA STAR ENT (00326.HK) expects an annual loss of between 0.315 billion to 0.385 billion Hong Kong dollars.
On March 24, Gelonghui reported that CHINA STAR ENT (00326.HK) announced that the group expects to record a consolidated loss for the year ending December 31, 2024, between HKD 315,000,000 and HKD 385,000,000, compared to a loss of HKD 289,508,000 in the previous year. The significant increase in loss is mainly due to: (i) losses recognized from fair value changes of financial assets accounted for at fair value through profit or loss, which increased dramatically from HKD 27,721,000 in the previous year to approximately HKD 79,000,000 for the year; (ii) administrative expenses.
Express News | China Star Entertainment Ltd - Expects Loss of HK$315M-HK$385M for 2024
