GHY Culture & Media warns of FY2025 net loss on weaker production and content performance
Summary:
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GHY Culture & Media issued profit guidance indicating it expects to report a net loss for the financial year ended 31 December 2025, reversing from a profit in the previous year.
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The swing into the red is mainly attributed to weaker revenue from drama and variety production, slower content sales and distribution, and higher production and operating costs.
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The group also flagged provisions/impairments on certain projects and assets following a review of their recoverable amounts, further weighing on bottom-line results.
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Management said it is tightening cost controls, re-assessing its content pipeline, and exploring partnerships to stabilise earnings and improve returns.
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Detailed financials will be disclosed when GHY releases its audited FY2025 results, and the board cautioned shareholders and investors to exercise care when dealing in the shares.