Shaw Brothers Holdings Limited (HK:0953) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Shaw Brothers Holdings Limited reported a significant decline in revenue and a net loss in their unaudited interim results for the first half of 2024, with a 79% decrease in revenue from film and drama segments and a 45.6% drop in artiste and event management earnings. Despite this, the company has completed shooting a new drama and is engaged in co-production projects set to launch in late 2024 or 2025. No interim dividend was recommended by the Board.
For further insights into HK:0953 stock, check out TipRanks’ Stock Analysis page.