China Star Entertainment's 2023 Loss Widens as Marketing Expenses Surge

China Star Entertainment's (HKG:0326) attributable loss widened to HK$289.5 million, or HK$0.1176 per share, in 2023, from HK$94.1 million, or H$K0.0379 per share, in 2022, according to the company's

MT NewswiresMay 1 16:52

中國星集團：2023年報

Futu NewsApr 29 18:35 · Announcements

Earnings Season Forecast: May Day Consumption: Travel Chain Quarterly Report takes the lead in “Good News”, and “Refreshing in Zi” is expected to be staged again

As the first five-day holiday after the Spring Festival, the May Day holiday has always been a “golden week” for travel and consumption. Looking back on the Qingming holiday, travel spending and movie box office data are all impressive.

cls.cnApr 27 17:16

The industry's forecast for 11 movies to “compete on the same stage” is likely to surpass last year's box office of 1.3 billion

The “May Day” holiday is approaching, and the film market is booming again. A total of 11 movies have been scheduled for the May 1st edition, and the total box office (including pre-sale) of the series has exceeded 24.63 million yuan.

cls.cnApr 21 13:54

In March, the box office “Off Season Is Not Light” introduced films to embrace market opportunities based on word of mouth

According to Xinhua News Agency, in the mainland China film market, March is usually a “low season” at the box office. There are no major holidays during this period, and few major production mainland films are screened.

Gelonghui FinanceMar 28 12:29

China Star Group (00326) announced annual results. Shareholders' losses of HK$289 million increased by 207.62% year-on-year

According to the Zhitong Finance App, China Star Group (00326) announced its annual results for the year ended December 31, 2023. The group achieved revenue of HK$206 million, an increase of 52.15% over the previous year; losses attributable to the owners of the company were HK$289 million, an increase of 207.62% over the previous year; and a loss of HK11.76 cents per share. The increase in losses was mainly due to a sharp increase in financing costs to HK$143 million (2022: HK$2,414 million; out of a total of HK$101 million, HK$98,861 million has been capitalized as property inventory), and the property sales and multimedia and entertainment business generated a large amount of market

Zhitong FinanceMar 28 07:02