Icon Culture Global Company Limited provided consolidated earnings guidance for the six months ended 30 June 2022. For the period, the group expects a net loss of not more than RMB 25 million for the Period (the six months ended 30 June 2021: net profit RMB 5.4 million). The expected loss was mainly due to: the decrease in revenue generated from traditional offline media advertising services which has higher profit margin as some of the major customers that were affected by the COVID-19 pandemic had substantially reduced their traditional offline media advertising budget during the Period; increase in impairment loss of the trade receivables with slow collection, and increase in staff costs and rental expense as the Group continued to expand the service capabilities for live-streaming e-commerce business.
Market Closed -
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5-day change | 1st Jan Change | ||
0.39 HKD | +8.33% | +11.43% | -50.00% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-50.00% | 10.78M | |
+18.55% | 7.39B | |
-15.79% | 1.8B | |
-3.96% | 1.28B | |
-15.73% | 1.09B | |
+4.14% | 578M | |
-46.55% | 512M | |
-31.56% | 500M | |
+12.92% | 448M | |
-33.05% | 374M |
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- Icon Culture Global Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022