"Profit Warning" UNIVERSE ENT forecasts full-year losses to expand to at least HKD 57 million

AASTOCKS
2025.07.13 05:17

UNIVERSE ENT (01046.HK) issued a profit warning, expecting a loss of between HKD 57 million and HKD 67 million for the fiscal year ending in June, compared to a loss of HKD 31.2 million in the previous year. The increase in losses is mainly due to a decrease in revenue from film copyrights, films in production, and related deposits, resulting in an impairment loss increase of approximately HKD 46.9 million