G.H.Y's Attributable Loss Widens in H1; Shares Soar 21%

MT Newswires08-07

G.H.Y's (SGX:XJB) attributable loss to owners of the group zoomed 588% year over year to SG$18.4 million in the first half of the year from SG$2.6 million, according to a filing with the Singapore Exchange on Tuesday.

Loss per share came in at SG$0.0175 from SG$0.0016 in the year-ago period.

The entertainment company's revenue was down 17% year over year to SG$27.0 million from SG$32.7 million mainly due to a decrease in contribution from the TV Program and Film Production segment.

Shares of the company soared over 21% in recent trading.

Price (SGD): S$0.17, Change: S$+0.03, Percent Change: +21.43%

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