Hypermedia Holdings (00072) announced results for the year ended December 31, 2023, with revenue of 381 million yuan...
According to the Zhitong Finance App, Supermedia Holdings (00072) announced results for the year ended December 31, 2023, with revenue of 381 million yuan (RMB, same below), up 3% year on year; loss attributable to company owners was 34.842 million yuan, narrowing by 50.4% year on year; basic loss per share was 0.0807 yuan.
In 2023, due to the huge impact of the COVID-19 pandemic in the past three years, the global economy has not fully recovered. On the other hand, through continuous innovation and expansion of the Group's business model, performance has improved. In this year, compared to 2022, art platforms achieved reduced losses, digital platforms achieved profit growth, and overall EBITDA turned losses into profits. During the year, art platform losses decreased by about 41% to RMB 455.55 million, digital platform profit increased 55% to RMB 19.681 million, and the Group's overall EBITDA changed from a loss of RMB 10.305 million in 2022 to a profit of RMB 15.257 million in 2023.