Maoyan Entertainment's (HKG:1896) attributable profit surged to 406.6 million yuan, or 0.36 yuan per share, in the first half, from 151.9 million, or 0.13 yuan per share, in the year-ago period, a Thursday filing said.
Analysts at Visible Alpha estimated earnings per share at 0.32 yuan during the half.
Revenue at the entertainment company nearly doubled to 2.20 billion yuan from 1.19 billion yuan in the year-ago period, the filing said. Visible Alpha analysts forecast revenue at 1.97 billion yuan.
Shares fell over 5% during Friday's morning trading.
Price (HKD): $9.14, Change: $-0.36, Percent Change: -3.79%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments