Star CM Holdings Sees Wider Net Loss in H1

MT Newswires Live08-08

Star CM Holdings (HKG:6698) expects a wider net loss of about 53.5 million yuan to 58.5 million yuan for the six months ended June 30, compared with 17.2 million yuan a year ago, according to a Wednesday filing on the Hong Kong bourse.

The company attributed the wider net loss to a reduction in the number of variety programs compared with the corresponding period of the previous year.

The cultural and entertainment intellectual property business plans to publish its interim results on Aug. 19.

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