One Media Group Limited (HK:0426) has released an update.
One Media Group Limited reported a reduced loss for the quarter ended March 31, 2024, with a net loss of HK$5,176,000 compared to HK$6,758,000 in the same period last year. Despite the lower loss, the company experienced a decline in turnover and an overall comprehensive loss of HK$5,916,000. The results reflect challenges in cost management and revenue generation for the media company.
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