Spackman Entertainment Group Limited provided earnings guidance for the year ended December 31, 2014. The group is expected to report a net loss for the financial year ended December 31, 2014. The net loss is mainly due to weak ticket sales for the films produced and invested b group as well as significant one- off listing expenses incurred during the initial public offering exercise, which was completed in July 2014.
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- Spackman Entertainment Group Limited Provides Earnings Guidance for the Year Ended December 31, 2014