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
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5-day change | 1st Jan Change | ||
0.41 HKD | 0.00% | +12.33% | -47.44% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-47.44% | 11.35M | |
+14.51% | 7.02B | |
-15.79% | 1.8B | |
-5.41% | 1.27B | |
-15.33% | 1.09B | |
+7.24% | 596M | |
-33.29% | 488M | |
+19.32% | 477M | |
-53.36% | 447M | |
-32.26% | 379M |
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- Icon Culture Global Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022