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CA CULTURAL: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
CA Cultural Technology Expects Fiscal H1 Loss to Narrow 98%
Ca Cultural Technology (01566.HK): Expected mid-term shareholder's loss approximately 1.9 million Hong Kong dollars.
Ca Cultural (01566.HK) announced on November 25 that for the six months ended September 30, 2024, the (i) increase in revenue from the Joypolis in Japan and the reduction in service costs of the theme park business due to reduced amortization expenses; (ii) the one-time gain from the termination of operating the theme amusement park in Shanghai, China, and exemption from paying rent; and (iii) reversal of expected credit loss allowances under the expected credit loss model after receiving settlement payments from several debtors of the group, the group is expected to record a impairment provision reversal for the six months ended September 30, 2024.
CA CULTURAL: 1. PROFIT ALERT - REDUCTION IN LOSS; AND2. TRADING HALT
CA Cultural Technology Group Announces Trading Halt
The ca cultural technology (01566.HK) is temporarily suspended this morning.
Gelonghui, November 21, announced that ca cultural (01566.HK) announced that the company's shares will be temporarily suspended from trading starting at 9:00 AM today (21/11/2024).
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