Brief: Huayi Tencent Entertainment Sees Revenue For Year Exceeding HK$1.6 Billion

Hony Media

09/03/2023 10:16

March 9 (Reuters) - Huayi Tencent Entertainment Co Ltd
 0419.HK :
    * SEES  REVENUE FOR YEAR EXCEEDING HK$1.6 BILLION
    * SEES  GROSS PROFIT FOR YEAR OF APPROXIMATELY HK$400
MILLION FOR
YEAR
    * MEDIA AND ENTERTAINMENT SEGMENT IS EXPECTED TO RECORD A
LOSS FOR
YEAR OF APPROXIMATELY HK$120 MILLION
    * SEES LOSS FOR YEAR OF APPROXIMATELY HK$320 MILLION
    * EXPECTED LOSS  DUE TO COST AMORTIZATION AND IMPAIRMENT
PROVISION
 IN MEDIA SEGMENT, AMONG OTHERS

Source text for Eikon:  ID: 
Further company coverage:  0419.HK 

 ((Reuters.Briefs@thomsonreuters.com;))