01046 UNIVERSE ENT
- 0.540
- -0.060-10.00%
UNIVERSE ENT News
Universal Entertainment Culture (01046.HK): All claims and demands made by Chengdu Universal Bona against the Group and other defendants were rejected by the court
Gelonghui, April 8, 丨 Global Entertainment Culture (01046.HK) announced that the Group received a court ruling on the claim on April 3, 2024. According to the ruling, (1) all claims and demands made by Chengdu Global Bona against the Group and other defendants were rejected by the court; and (ii) Chengdu Global Bona was required to bear the processing fee of RMB 549,800. On the date of publication, the board of directors of the company confirmed that the ruling did not have any significant adverse effect on the general operation and financial situation of the Group. Shareholders and potential investors of the Company are requested to act prudently when trading the Company's securities.
UNIVERSE ENT: INTERIM REPORT 2023/2024
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.
Universal Entertainment Culture (01046.HK) changed about HK$52,000 from loss to profit in the medium term
Gelonghui, Feb. 28 | Global Entertainment Culture (01046.HK) announced that for the six-month period ended 31 December 2023, the Group recorded revenue of approximately HK$296.4 million (previous period: approximately HK$36.3 million) and profit of approximately HK$52,000 (previous period: loss of approximately HK$28.0 million). The Group's performance for the current period improved compared to the previous period, mainly due to: (i) the significant increase in revenue and contributions from the video distribution, film distribution and screening, grant and transfer of film copyright business segments during the period. During this period, with the novel coronavirus outbreak in China and China
寰宇娛樂文化：截至二零二三年十二月三十一日止六個月之中期業績公佈
Universe Entertainment and Culture Might Return to Profit in 2023
Universe Entertainment and Culture Group (HKG:1046) said it expects between a HK$5 million loss and a HK$5 million profit for the six months through December 2023, as compared to a HK$28 million loss
Universal Entertainment Culture (01046) anticipates a year-on-year improvement in interim results
According to the Zhitong Finance App, Universal Entertainment Culture (01046) announced that the Group is expected to achieve a loss of approximately HK$5 million to a profit of about HK$5 million for the six-month period ending December 31, 2023. For the six-month period ended 31 December 2022 (the previous period), the Group recorded a loss of approximately HK$28 million. The Group's performance in the current period improved compared to the previous period, mainly due to a significant increase in revenue and contributions from the video distribution, film distribution and screening, and film licensing business segments during the period. During the current period, the COVID-19 outbreak occurred in mainland China and China
UNIVERSE ENT: UPDATE ON THE INTERIM FINANCIAL PERFORMANCE
Universal Entertainment Culture (01046.HK) held a board meeting on February 28 to approve the interim results
Gelonghui, Feb. 6 | Global Entertainment Culture (01046.HK) announced that a board meeting will be held on February 28, 2024 (Wednesday), which includes approving the publication of the company's interim results for the six months ended 31 December 2023 and considering the proposed payment of an interim dividend (if any).
What Universe Entertainment and Culture Group Company Limited's (HKG:1046) 26% Share Price Gain Is Not Telling You
Universe Entertainment and Culture Group Company Limited (HKG:1046) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness.
Universe Entertainment Arm UDE Renews Office Lease in Hong Kong
Universe Entertainment and Culture Group (HKG:1046) subsidiary Universe Digital Entertainment (UDE) will continue renting office space in Hong Kong from affiliate Universe Property Investment (UPI) fo
A subsidiary of Universal Entertainment and Culture plans to renew the Weilun Center property
Universal Entertainment Culture (01046) announced that on January 29, 2024, Universal Digital Entertainment, an indirect wholly-owned subsidiary of the company, and Universal Property Investment (all of its issued share capital is owned by Mr. Lam (founder, chairman, executive director and controlling shareholder of the company)) entered into a lease agreement for the Wailun Centre property. The monthly rent is HK$244,000 (excluding rates, government ground rent and management fees). According to the announcement, since the Group has been using Wailun Center Properties since the beginning of 2000, the directors believe that if the Group continues to invest and lease Weilun Center properties from Universal Properties, it can save a lot of time and costs (
Universal Entertainment Culture (01046.HK) signed a lease agreement
Gelonghui, January 29, 丨 Global Entertainment Culture (01046.HK) announced that on January 29, 2024, the company's indirect wholly-owned subsidiary Global Digital Entertainment and Global Property Investment (all of its issued share capital is owned by Mr. Lam (founder, chairman, executive director and controlling shareholder of the company)) entered into a lease agreement with a monthly rent of HK$244,000 (excluding rates, government land rent and management fees). Wailun Centre properties refer to unit 1 on the 18th floor of Wailun Centre Phase II, 192-200 Dalian Pai Road, Kwai Chung, New Territories, Hong Kong, and Wyler Centre 2, 192-200 Dalian Pai Road, Kwai Chung, New Territories, Hong Kong
Universal Entertainment Culture (01046) subsidiary plans to renew the Wailun Center property
Universal Entertainment Culture (01046) issued an announcement. On January 29, 2024, Huan, an indirect wholly-owned subsidiary of the company...
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.
National Bureau of Statistics: In the first three quarters, enterprises in cultural and related industries above the national scale achieved a 7.7% year-on-year increase in operating income
On October 30, Zhang Peng, senior statistician of the Department of Social Science and Literature of the National Bureau of Statistics, interpreted data on cultural and related industry enterprises on a national scale and above for the first three quarters of 2023.
UNIVERSE ENT: ANNUAL REPORT 2023
UNIVERSE ENT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 30 JUNE 2023
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