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eSun Holdings Announces Significant Reduction in Losses

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eSun Holdings Announces Significant Reduction in Losses

eSun Holdings ( (HK:0571) ) has issued an announcement.

eSun Holdings Limited has announced a significant reduction in its consolidated loss for the six months ending January 31, 2025, with a decrease of not less than 50% compared to the same period in 2024. This improvement is attributed to reduced depreciation of right-of-use assets and property, plant, and equipment, following impairment losses in the previous financial year, signaling a positive shift in the company’s financial health and potentially enhancing its market position.

More about eSun Holdings

eSun Holdings Limited is an investment holding company with subsidiaries engaged in the production and distribution of films and TV programs, music production and publishing, management and production of concerts, artiste management, and cinema operation.

Current Market Cap: $67.07M

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