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EMINENCE ENT: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Eminence Enterprise Expects Net Loss to Widen in Fiscal H1
Eminence ent (00616.HK) profit warning: expects a mid-term net loss of no less than 0.24 billion Hong Kong dollars.
On November 22, Gelonghui announced that Eminence Ent (00616.HK) reported a net loss of approximately 0.1583 billion Hong Kong dollars for the six months ending September 30, 2023, and expects to record a net loss of no less than 0.24 billion Hong Kong dollars for the six months ending September 30, 2024. The expected increase in net loss is mainly attributed to (including) (i) an increase in losses from changes in the fair value of investment properties; (ii) the net loss from changes in the fair value of financial assets measured at fair value through profit or loss; (iii) losses from modifications of convertible bond terms; and (iv) increased financing costs, partially offset by other measures.
EMINENCE ENT: PROFIT WARNING
Eminence ent (00616.HK) plans to hold a board of directors meeting on November 29 to approve the interim results.
Glory Times on November 19th: Eminence Ent (00616.HK) announced that the board of directors will hold a meeting on November 29, 2024 (Friday) to consider and approve the publication of the unaudited interim performance of the company and its subsidiaries for the six months ending September 30, 2024, as well as to consider the distribution of interim dividends (if any).
Eminence Enterprise to Raise Over HK$62 Million via Rights Issue
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