Culturecom Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2017
November 15, 2017 at 07:32 pm IST
Culturecom Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2017. The group is expected to record a substantial increase in loss for the six months ended 30 September 2017 by approximately 90%, as compared with the unaudited loss for the corresponding period ended 30 September 2016. The expected increase in loss was mainly attributable to the group's investment in the joint investment and production of the movie in the PRC as announced by the Company on 22 August 2016.