Market Cool On Emperor Culture Group Limited's (HKG:491) Revenues Pushing Shares 28% Lower
Emperor Culture Group Limited (HKG:491) shareholders won't be pleased to see that the share price has had a very rough month, dropping 28% and undoing the prior period's positive performance. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 74% loss during that time.
EMPEROR CULTURE: 2023/2024 Interim Report
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.
Emperor Culture Group's Fiscal H1 Loss Narrows as Revenue Surges 26%
Emperor Culture Group's (HKG:0491) loss narrowed to HK$143.2 million, or HK$0.045 per share, in the half-year ended Dec. 31, 2023, from HK$145.2 million, or HK$0.044 per share, in the year-ago period,
The film and television entertainment sector rose collectively, and Maoyan Entertainment (01896) rose 12.76%. The total box office (including pre-sales) broke 10 billion dollars in February this year
Jinwu Financial News | The film and television entertainment sector rose collectively. As of press release, Starry Sky Chinese (06698) rose 13.64%, Maoyan Entertainment (01896) rose 12.76%, Xinshi Culture (01740) rose 11.7%, IMAX China (01970) rose 4.69%, and Emperor Cultural Industry (00491) rose 4.44%. According to Lighthouse Professional Edition data, the total box office (including pre-sales) broke 10 billion in February 2024. “Hot and Hot”, “Fast & Furious Life 2”, and “Article 20” are temporarily in the top three box office this month.
The total revenue of Emperor Cultural Industries (00491.HK) increased 25.9% year-on-year to HK$267.2 million
Gelonghui, Feb. 22 | Emperor Culture Industry (00491.HK) announced that for the 2023/2024 interim results, all of the Group's total revenue comes from theatre operations.
Emperor Cultural Industries (00491) announced interim results. Shareholders should have accounted for losses of HK$143 million, an increase of 1% over the previous year
Emperor Cultural Industries (00491) announced results for the six months ended 31 December 2023, with revenue of HK$267 million, up 25.9% year on year; loss attributable to parent company owners was HK$143 million, up 1% year on year; basic loss per share was HK$0.045.
EMPEROR CULTURE: 2023/2024 Interim Results Announcement
Changes in Hong Kong stocks | Movie concept stocks had the highest rise, and the total box office of the Spring Festival program exceeded 4.9 billion. Institutions say the box office market is expected to surpass the 2021 high
Movie concept stocks had the highest gains in early trading. As of press release, Emperor Cultural Industries (00491) rose 12.12% to HK$0.037; Ali Pictures (01060) rose 3.53% to HK$0.44; Straw Bear Entertainment (02125) rose 1.18% to HK$0.43; and Maoyan Entertainment (01896) rose 1.23% to HK$8.2.
Emperor Cultural Industries (00491.HK) held a board meeting on February 22 to approve publication of interim results
Glonghui, Feb. 8 | Emperor Cultural Industries (00491.HK) announced that the company will hold a board meeting on February 22, 2024 (Thursday) to approve (among other things) the publication of the company's and its subsidiaries' interim results announcements for the six months ended 31 December 2023 and to consider whether to pay an interim dividend.
Ulferts Names Emperor International Exec as New Chairman
Ulferts International (HKG:1711) appointed Alexander Yeung as chairman effective April 1, a Thursday filing said. He will replace Wong Chi Fai, who will step down from the role but will remain an exec
Take Care Before Jumping Onto Emperor Culture Group Limited (HKG:491) Even Though It's 29% Cheaper
Emperor Culture Group Limited (HKG:491) shareholders that were waiting for something to happen have been dealt a blow with a 29% share price drop in the last month.
Emperor Culture Arm to Rent Beijing Cinema for 10 Years
Emperor Culture Group (HKG:0491) said indirect, wholly-owned subsidiary Emperor Cinemas (Beijing) will lease a cinema hall in Beijing, China, from Beijing Sanlitun South Property Management for 10 years, according to a Tuesday filing.
Emperor Cultural Industries (00491.HK) enters into a lease agreement
Gelonghui, January 30, 丨 Emperor Culture Industry (00491.HK) announced that on January 30, 2024, Emperor Cinemas Beijing (as a tenant) signed a lease agreement with the owner for the lease of a new theater located in Beijing, China. This property: A cinema located at Shop SLG18 and SB2-01, No. 19 Sanlitun Road, Chaoyang District, Beijing, China.
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.
Film and television entertainment stocks rose, Litian Pictures (09958) rose 5.83%
Jinwu Financial News | Entertainment stocks rose 11.43%, Litian Pictures (00491) rose 11.43%, Litian Pictures (09958) rose 5.83%, China Ruyi (00136) rose 3.37%, Shaw Brothers Holdings (00953) rose 3.36%, Alibaba Pictures (01060) rose 3.16%, IMAX China (01970) rose 2.47%, and MaoEye Entertainment (01896) rose 1.51%. CICC released a research report saying that in 2023, the media industry will be mainly guided by the normalization of content, continuous implementation of cost reduction and efficiency, and the development of new technologies, AI, and skits
Emperor Cultural Industries [00491] is now reported at HK$0.039, an increase of 11.43%
As of 11:08, Emperor Cultural Industries [00491] reported HK$0.039, up HK$0.004 or 11.43% from yesterday's closing price of HK$0.035, with a turnover of HK$0.55 million, today's highest price of HK$0.039, and the lowest price of HK$0.039. Based on yesterday's closing price, the 10-day average price is HK$0.04 and the 50-day average price is HK$0.04. The current price-earnings ratio is -0.34 times. The 14-day strength index is 38.46.
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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