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Huayi Tencent Entertainment's Losses Narrow in H1; Shares Slide 3%

MT Newswires ·  {{timeTz}}

02:27 AM EDT, 08/23/2021 (MT Newswires) -- Huayi Tencent Entertainment's (HKG:0419) first-half loss attributable to equity holders narrowed to HK$7.2 million ($924,220), or HK$0.0005 per share, from HK$11.6 million, or HK$0.0009 per share, a year ago.

Revenue for the six months ended June 30 soared to HK$183.4 million from HK$42.4 million it booked in the year-ago period, mainly due to the release of ''Space Sweepers'' and ''Cherry'' during the period, according to a Friday bourse disclosure.

The media company did not recommend any dividend for the reporting period.

Huayi Tencent Entertainment's shares fell more than 3% recently.

Price (HKD): $0.23, Change: $-0.01, Percent Change: -3.42%

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