New Silkroad Culturaltainment Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the period, the group is expected to record a net loss attributable to owners of the Company in the range of approximately HKD 80.0 million to HKD 100.0 million as compared to a net loss of approximately HKD 112.5 million in 2022. The reduction in loss for the Year is mainly due to the profit contribution from the property management segment acquired by the Group since May 2023 offset by the impairment made in respect of the Group's intangible assets and the completed properties held for sale as a result of the decline in fair value under the persistent high interest rate environment in the second half of 2023.
New Silkroad Culturaltainment Limited
Equities
472
BMG6479N1011
Real Estate Development & Operations
Market Closed -
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5-day change | 1st Jan Change | ||
0.17 HKD | 0.00% | +13.33% | +8.28% |
Mar. 21 | New Silkroad Culturaltainment's 2023 Loss Narrows on Higher Revenue | MT |
Mar. 20 | New Silkroad Culturaltainment Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+8.28% | 69.66M | |
+36.16% | 27.94B | |
-13.91% | 26.97B | |
+21.99% | 26.95B | |
+2.14% | 25.32B | |
+44.49% | 22.58B | |
+2.78% | 19.59B | |
+5.52% | 19.52B | |
+28.54% | 16.23B | |
-14.54% | 14.98B |
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- New Silkroad Culturaltainment Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2023