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 -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.365 HKD | -1.35% | -22.34% | -53.21% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-53.21% | 10.09M | |
+17.50% | 7.18B | |
-14.04% | 1.84B | |
-5.95% | 1.26B | |
-16.08% | 1.08B | |
-49.99% | 479M | |
+0.34% | 557M | |
-29.56% | 515M | |
+8.70% | 437M | |
-32.44% | 377M |
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- Icon Culture Global Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022