00326 CHINA STAR ENT
- 0.790
- -0.090-10.23%
CHINA STAR ENT News
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
中國星集團：2023年報
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
CHINA STAR ENT: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023
China Star Group (00326.HK) Profit Warning: Expected comprehensive loss of HK$260 million to HK$320 million in 2023
GLONGHUI March 22 | China Star Group (00326.HK) announced that the Group expects to record a comprehensive loss of HK$260 million to HK$320 million for the year ended 31 December 2023, compared to HK$94.12 million for the same period ended 31 December 2022. The sharp increase in losses was mainly due to a sharp increase in financing costs to about HK$143 million due to an increase in interest rates on Group bank loans during the year. Property sales and new business multimedia and entertainment operations generated more marketing and sales expenses, compared to 1111.1 for the year ended 31 December 2022
CHINA STAR ENT: INSIDE INFORMATION PROFIT WARNING
China Star Group (00326.HK) plans to hold a board meeting on March 27 to approve annual results
Gelonghui March 15 | China Star Group (00326.HK) announced that the board of directors will hold a board meeting on Wednesday, March 27, 2024 to consider and approve (among other things) the results of the company and its subsidiaries for the year ended 31 December 2023 and payment of final dividends (if any).
CHINA STAR ENT: DATE OF BOARD MEETING
Guoxin Securities: Content-side supply quality is expected to improve in 24 years, and the recovery of movies is more optimistic
The Zhitong Finance App learned that Guoxin Securities released a research report saying that looking ahead to 2024, the quality of content-side supply is expected to improve, and the recovery of movies is more optimistic.
Cathay Pacific Junan: AI video popularity heats up, and the film and television industry welcomes a transformation point
The startup Lighttricks released LTX Studio, an AI-driven video generation and editing software on March 1, 2024. Channel companies, content production, IP and marketing companies are expected to benefit.
China Star Group (00326) cancelled 33 million repurchased shares on January 29
China Star Group (00326) announced that on January 29, 2024, the company cancelled 33 million shares purchased...
China Star Group (00326) spent HK$6.48 million to buy back 8 million shares on January 19
China Star Group (00326) issued an announcement to spend HK$6.48 million to repurchase 8 shares on January 19, 2024...
China Star Group (00326.HK) spent HK$4.05 million to repurchase 5 million shares on January 18
Gelonghui, January 19, 丨 China Star Group (00326.HK) issued an announcement. On January 18, 2024, it spent HK$4.05 million to repurchase 5 million shares at a repurchase price of HK$0.81 per share.
China Star Group (00326.HK) spent HK$4.1 million to buy back 5 million shares on January 17
Gelonghui, January 17, 丨 China Star Group (00326.HK) issued an announcement. On January 17, 2024, it spent HK$4.1 million to repurchase 5 million shares, with a repurchase price of HK$0.8-0.82 per share.
China Star Group (00326.HK) spent HK$4.0974 million to repurchase 5 million shares on January 16
Gelonghui, January 16, 丨 China Star Group (00326.HK) issued an announcement. On January 16, 2024, it spent HK$4.0974 million to repurchase 5 million shares at a repurchase price of HK$0.79-0.82 per share.
China Star Group (00326.HK) spent HK$4.1 million to buy back 5 million shares on January 15
Gelonghui, January 15, 丨 China Star Group (00326.HK) issued an announcement. On January 15, 2024, it spent HK$4.1 million to repurchase 5 million shares at a repurchase price of HK$0.82 per share.
China Star Group (00326.HK) spent HK$4.1 million to buy back 5 million shares on January 12
Gelonghui, January 12, 丨 China Star Group (00326.HK) issued an announcement. On January 12, 2024, it spent HK$4.1 million to repurchase 5 million shares at a repurchase price of HK$0.82 per share.
CITIC Construction Investment: The box office reached a record high on New Year's Eve, and then we should focus on the progress of the Spring Festival schedule
The Spring Festival is now just over a month away. In the future, we should focus on the progress of the Spring Festival film schedule. Production companies that are expected to release comedy films during the core schedule are expected to benefit, while focusing on theaters and ticketing companies that benefit from the steady recovery of box office.
CICC: Focus on investment opportunities brought about by the advantages of the business models of leading companies in the media industry and their potential for profit growth
According to a research report released by CICC, in 2023, the media industry was mainly guided by the normalization of content, continuous implementation of cost reduction and efficiency, and the development of new technologies. Sectors driven by new technologies, new applications, and new forms, such as AI, short interactive dramas, and interactive dramas, etc., were more active in theme growth.
Box Office Collections Top 50 Billion Yuan Mark
The winter chill has failed to cool China's film market, which continues to rake in healthy revenue, indicating a stable recovery after the pandemic.
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