Hong Kong's Lajin Entertainment Network H1 revenue rises on higher advertising income
Hong Kong's Lajin Entertainment Network H1 revenue rises on higher advertising income
Overview
Hong Kong entertainment firm's H1 revenue rose yr/yr, driven by internet content advertising
Net loss attributable to owners widened
Company does not recommend an interim dividend for the period
Outlook
Lajin Entertainment expects to commercialize its Blue Whale SaaS platform from Q4 2026
Result Drivers
INTERNET CONTENT ADVERTISING - Co said revenue growth was mainly due to increased advertising income from internet contents
HIGHER COSTS - Co said cost of sales increased due to higher costs related to new media business and movies, TV and internet contents
CORPORATE COST INCREASE – Administrative expenses increased to HK$17.469 mln from HK$13.847 mln, mainly reflecting staff costs, depreciation and general administrative expenses
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| HK$3.60 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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