Guangshang Culture Holdings (08082) announced the results for the nine months ended September 30, 2023. The group received revenue...
According to the Zhitong Finance App, Guangshang Culture Holdings (08082) released its results for the nine months ended September 30, 2023. The group achieved revenue of HK$205 million, an increase of 700.25% over the previous year; gross profit of HK$81.63 million, an increase of 717.69%; loss attributable to company owners of HK$10.297 million, a year-on-year decrease of 68.81%; loss per share of HK$0.49 cents.
According to the announcement, the sharp increase in revenue and gross profit was mainly due to an increase in the number of concerts invested and organized by the Group during this review period; and the significant improvement in concert attendance rates.