-+ 0.00%
-+ 0.00%
-+ 0.00%
According to Hengdian Film and Television's announcement, net profit attributable to shareholders of listed companies for the first half year of 2026 is estimated to be -75 million yuan to 52 million yuan, which changes from profit to loss compared with profit of 202 million yuan in the same period last year; deducted non-net profit is expected to be -120 million yuan to -90 million yuan. Non-net profit deducted for the same period last year was 167 million yuan, or 0.32 yuan per share. The main reason for this period's pre-loss: the box office of the Chinese film market fell 40.6% year-on-year in the first half of 2026, and the number of movie viewers fell by 34.2%. Affected by insufficient supply of high-quality films and falling demand for movie viewing, etc., the company's film screening and related derivative business revenue declined, operating costs were rigid, and performance loss; the subsidiary's film and television investment and IP development business were still in the cultivation stage, and revenue and profit contributions were limited.
Share
Listen to the news
According to Hengdian Film and Television's announcement, net profit attributable to shareholders of listed companies for the first half year of 2026 is estimated to be -75 million yuan to 52 million yuan, which changes from profit to loss compared with profit of 202 million yuan in the same period last year; deducted non-net profit is expected to be -120 million yuan to -90 million yuan. Non-net profit deducted for the same period last year was 167 million yuan, or 0.32 yuan per share. The main reason for this period's pre-loss: the box office of the Chinese film market fell 40.6% year-on-year in the first half of 2026, and the number of movie viewers fell by 34.2%. Affected by insufficient supply of high-quality films and falling demand for movie viewing, etc., the company's film screening and related derivative business revenue declined, operating costs were rigid, and performance loss; the subsidiary's film and television investment and IP development business were still in the cultivation stage, and revenue and profit contributions were limited.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending