Icon Culture Global Company Limited provides unaudited consolidated earnings guidance for the year ended 31 December 2022. The Group is expected to record a net loss of not more than RMB 42 million for the Year (the year ended 31 December 2021: net profit RMB 4.9 million). The expected loss was mainly due to: (i) 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 Year; (ii) increase in credit loss allowance for the trade receivables with slow collection, and (iii) increase in operation costs 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 | ||
0.475 HKD | -6.86% | -2.06% | -39.10% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-39.10% | 13.11M | |
+16.61% | 7.09B | |
-8.33% | 1.95B | |
-4.50% | 1.28B | |
-12.95% | 1.12B | |
-34.24% | 628M | |
-6.90% | 516M | |
-36.87% | 461M | |
+7.85% | 433M | |
-33.32% | 371M |
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- Icon Culture Global Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2022