Spackman Entertainment Group Ltd ( (SG:40E) ) just unveiled an update.
Spackman Entertainment Group Limited announced a return to profitability with a total comprehensive income of US$3.52 million for FY2024, compared to a loss of US$8.47 million in FY2023. This turnaround was largely due to a US$5.96 million reversal of an impairment loss related to the successful listing of Crystal Planet Limited, a subsidiary of Spackman Media Group Limited, on the TSX Venture Exchange. Additionally, the company released a Korean adaptation of ‘You Are The Apple Of My Eye’ and plans to release another film, ‘The Guest’, in late 2025 or early 2026.
More about Spackman Entertainment Group Ltd
Spackman Entertainment Group Limited is a leading entertainment production group in Korea, founded in 2011 by Charles Spackman. The company focuses on producing films and media content, with a significant stake in Spackman Media Group Limited.
Current Market Cap: S$1.84M
Learn more about 40E stock on TipRanks’ Stock Analysis page.