Star Plus Legend Forecasts Loss for 2025; Shares Gain 3%
MT Newswires Live
Mar 09
Star Plus Legend (HKG:6683) expects up to 52 million yuan in consolidated loss for 2025, compared with a profit of 50.2 million yuan in 2024, according to a Hong Kong bourse filing Friday.
Shares of the new retail business and intellectual property company gained nearly 3% in late morning trade Monday.
The company attributed the loss to a number of factors, including a slowdown in the pace of IP content launches during the year.
The firm's financial results are due later in March.
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