Beijing Sports and Entertainment Group Reports Improved Revenue but Continued Losses in 2024

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Beijing Sports and Entertainment Group Reports Improved Revenue but Continued Losses in 2024

Beijing Sports and Entertainment Industry Group ( (HK:1803) ) has provided an update.

Beijing Sports and Entertainment Industry Group Limited reported its annual results for the year ending December 31, 2024, showing a significant improvement in revenue to HK$169,653,000 from HK$62,388,000 in 2023. Despite the increase in revenue, the company recorded a total comprehensive loss of HK$37,470,000, which is an improvement from the previous year’s loss of HK$66,293,000. The results reflect ongoing challenges in managing costs and expenses, impacting profitability and shareholder returns.

More about Beijing Sports and Entertainment Industry Group

Beijing Sports and Entertainment Industry Group Limited operates within the sports and entertainment industry, focusing on providing a range of services and products related to these sectors. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 13.33%

Average Trading Volume: 179,357

Technical Sentiment Signal: Hold

Current Market Cap: HK$143.6M

For an in-depth examination of 1803 stock, go to TipRanks’ Stock Analysis page.

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