The board of directors of Universe International Holdings Ltd. informed the shareholders of the company and potential investors that the group is preparing its interim results for the six months period ended December 31, 2013. Based on the information currently available, the group is expected to record a net profit for the six months period ended December 31, 2013 against a net loss for the six months period ended December 31, 2012, which is mainly due to the fair value gains arising from the investment securities, notwithstanding the group also recorded lower gross profit contribution from licensing of newly released films due to the increase in advertising expenses and production costs, while higher gross profit was recorded for the same period last year from licensing of more non-newly released films and television series which their cost had been fully amortized in the previous years and - incurred the fair value loss in issuance of the unlisted warrants by the Group during the six months period ended December 31, 2013.
Universe Entertainment and Culture Group Company Limited
Equities
1046
BMG928811790
Entertainment Production
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.45 HKD | -4.26% | -4.26% | +69.81% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+69.81% | 52.23M | |
+13.23% | 8.13B | |
-10.67% | 5.8B | |
-2.87% | 5.03B | |
+0.16% | 4.36B | |
+5.33% | 4.03B | |
+14.60% | 3.75B | |
+24.28% | 3.44B | |
-8.66% | 2.88B | |
-25.66% | 2.27B |
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- Universe International Holdings Ltd. Provides Earnings Guidance for the Six Months Ended December 31, 2013