Reported Earnings • Apr 30
Full year 2025 earnings released: HK$0.085 loss per share (vs HK$0.013 loss in FY 2024) Full year 2025 results: HK$0.085 loss per share (further deteriorated from HK$0.013 loss in FY 2024). Revenue: HK$374.7m (down 13% from FY 2024). Net loss: HK$271.1m (loss widened HK$228.5m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • Apr 29
New Silkroad Culturaltainment Limited has filed a Follow-on Equity Offering in the amount of HKD 137.92637 million. New Silkroad Culturaltainment Limited has filed a Follow-on Equity Offering in the amount of HKD 137.92637 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 641,518,000
Price\Range: HKD 0.215
Transaction Features: Subsequent Direct Listing New Risk • Apr 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$705.7m (US$90.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$705.7m market cap, or US$90.0m). Reported Earnings • Mar 15
Full year 2025 earnings released: HK$0.084 loss per share (vs HK$0.013 loss in FY 2024) Full year 2025 results: HK$0.084 loss per share (further deteriorated from HK$0.013 loss in FY 2024). Revenue: HK$374.7m (down 13% from FY 2024). Net loss: HK$271.1m (loss widened HK$228.5m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Announcement • Mar 03
New Silkroad Culturaltainment Limited to Report Fiscal Year 2025 Results on Mar 13, 2026 New Silkroad Culturaltainment Limited announced that they will report fiscal year 2025 results on Mar 13, 2026 Announcement • Jan 02
New Silkroad Culturaltainment Limited Announces Resignation of Zhang Jian as Executive Director and Member of Remuneration Committee and Nomination Committee, Effective December 31, 2025 The board of directors of New Silkroad Culturaltainment Limited announced that Mr. Zhang Jian ("Mr. Zhang") has tendered his resignation as an executive Director and from all other positions within the Group with effect from 31 December 2025 to devote more time to his other commitments and engagements. Following the resignation of Mr. Zhang, he has also ceased to be a member of each of the remuneration committee and the nomination committee of the Company with effect from 31 December 2025. Announcement • Nov 22
New Silkroad Culturaltainment Limited Appoints Richard Gerardus Franciscus Visser as Independent Non-Executive Director and Member of Each of Audit Committee, Remuneration Committee and Nomination Committee, Effective 21 November 2025 The board of directors of New Silkroad Culturaltainment Limited announced that Prof. Richard Gerardus Franciscus Visser ("Prof. Visser") has been appointed by the Board as an independent non-executive Director and a member of each of the audit committee, the remuneration committee and the nomination committee of the Company, with effect from 21 November 2025. Prof. Richard Gerardus Franciscus Visser, aged 68, is a member of the Royal Netherlands Academy of Sciences. Prof. Visser is an internationally renowned expert in plant breeding and molecular genetics, he has long served as a professor and vice-rector at Wageningen University in the Netherlands. He also holds important positions in several European research institutions and professional organisations, including president of the European Plant Breeding Association, board member of the European Potato Research Association, member of the Academic Committee of Wageningen University, board member of the Green Genetics Research Group at the Institute for Advanced Technology, vice president of the Dutch Variety Protection Committee, board member of the Virtual Laboratory for Plant Breeding and head of the International Solanaceae Genome Project.
Prof. Visser has been engaged in vegetable genetics and functional genomics research for over 30 years, achieving significant scientific results in high-yield, high-quality, and stress-resistant vegetable breeding. He has made outstanding contributions to the theoretical and practical application of genetic breeding research, publishing over 1,100 SCI papers in top international journals such as Nature, Nature Biotechnology, and Plant Cell. His research findings have been cited over 47,000 times, giving him a high academic influence in the global plant breeding and biotechnology field. Prof. Visser has entered into a letter of appointment with the Company for a term of three years, which may be terminated by either party giving not less than one month's notice in writing served by either party to the other, subject to retirement by rotation and re-election at annual general meeting of the Company in accordance with the bye-laws of the Company. New Risk • Oct 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 03
First half 2025 earnings released: HK$0.013 loss per share (vs HK$0.014 loss in 1H 2024) First half 2025 results: HK$0.013 loss per share (improved from HK$0.014 loss in 1H 2024). Revenue: HK$213.4m (down 25% from 1H 2024). Net loss: HK$41.7m (loss narrowed 6.8% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 2.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$519.6m market cap, or US$66.7m). Board Change • Aug 08
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Andrew Chow was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jul 12
New Silkroad Culturaltainment Limited Appoints Shen Yang as Executive Director, Effective 11 July 2025 The board of directors of New Silkroad Culturaltainment Limited announced that Mr. Shen Yang has been appointed as an executive Director with effect from 11 July 2025. Mr. Shen Yang, aged 38, holds a Bachelor of Laws and a Master in Agriculture from Renmin University of China, and an Executive Master of Business Administration (EMBA) from Tsinghua University School of Economics and Management. Mr. Shen Yang started his career in 2011 and has worked at COFCO Meat Investment Co. Ltd. and Beijing Chang'an Investment Group Co. Ltd. He is currently the general manager of NSR International Service Co. Ltd. Mr. Shen also serves as a director of Inner Mongolia Bank (member of the Strategic Committee) and a researcher at the International Mergers & Acquisitions and Investment Institute of Renmin University of China. Mr. Shen has entered into a service contract with the Company for a term of three years, which may be terminated by either party giving not less than one month's notice in writing served by either party to the other, subject to retirement by rotation and re-election at annual general meeting of the Company in accordance with the bye-laws of the Company. Announcement • Jun 27
New Silkroad Culturaltainment Limited Announces Management Changes, with Effect from 27 June 2025 The board of directors of New Silkroad Culturaltainment Limited announced that Mr. Ma Chenshan ("Mr. Ma") has tendered his resignation as the Chairman of the Board and an executive Director, and ceased to be the Chairman of the Nomination Committee of the Company, a member of the Remuneration Committee of the Company, an authorized representative of the Company (the "Authorized Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and all other positions of the Company's subsidiaries due to his decision to devote more time to his other commitments and engagements with effect from 27 June 2025. The Board announced that Mr. Wang Gengyu ("Mr. Wang"), an executive Director, has been appointed as the Chairman of the Board, the Authorized Representative, the Chairman of the Nomination Committee and a member of the Remuneration Committee of the Company with effect from 27 June 2025. Mr. Wang Gengyu, aged 38, was appointed as an executive director of the Company since 13 June 2024. Mr. Wang is currently the chairman of Beijing Huaruan Yingxin Asset Management Co. Ltd. He is disclosed as the defacto controller, the chief executive and the director of Macrolink Culturaltainment Development Co. Ltd. which is a company listed on the Shenzhen Stock Exchange. He is also a director of MIL, the controlling shareholder of the Company and a wholly-owned subsidiary of Macrolink Culturaltainment. Mr. Wang is experienced in the strategic mergers and acquisitions, equity investment and asset management business in information technology, medical health and cultural education industries. He has led and participated in a number of corporate mergers and acquisitions and IPO projects in the technology field. Mr. Wang was deeply involved in the research and preparation of the financial part of the country's "Thirteenth Five-Year Plan" in his working times and was a specially invited expert on many key topics for regulatory agencies. He concurrently serves as the vice chairman of the Guokang Pension Finance Research Institute, the deputy secretary-general of the China Pension Finance 50 Forum, the director of the Mainland and Hong Kong and Macao Economic and Trade Exchange Promotion Association, and the deputy secretary-general of the Small and Mediumsized Banks Development Forum. Mr. Wang worked in the Research Bureau and Market Department of the Head Office of the People's Bank of China; Haitong International and other financial institutions. He was a postdoctoral fellow in finance at the Institute of Financial Studies of the People's Bank of China, a visiting scholar at George Washington University in the United States. He has a doctorate in management and a bachelor degree in law from Renmin University of China, and a master degree in finance from the Chinese University of Hong Kong. Reference is made to the notice of annual general meeting dated 19 May 2025 (the "AGM Notice") and form of proxy (the "Proxy Form") issued by the Company, and the announcement of the Company dated 11 June 2025 (the "Announcement") in relation to the annual general meeting of the Company to be held on 30 June 2025 (the "AGM"). As a result of Mr. Ma's resignation, the ordinary resolution no. 2(a) in respect of the re-election of Mr. Ma as a Director as set out in the AGM Notice and the Proxy Form is no longer applicable and will not be put forward for consideration and approval by the Shareholders at the AGM. Announcement • May 17
New Silkroad Culturaltainment Limited, Annual General Meeting, Jun 18, 2025 New Silkroad Culturaltainment Limited, Annual General Meeting, Jun 18, 2025, at 11:00 China Standard Time. Location: unit 606, 6th floor, emperor group centre, 288 hennessy road, Hong Kong Reported Earnings • Mar 15
Full year 2024 earnings released: HK$0.013 loss per share (vs HK$0.026 loss in FY 2023) Full year 2024 results: HK$0.013 loss per share (improved from HK$0.026 loss in FY 2023). Revenue: HK$432.6m (down 7.8% from FY 2023). Net loss: HK$42.7m (loss narrowed 48% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Mar 04
New Silkroad Culturaltainment Limited to Report Fiscal Year 2024 Results on Mar 14, 2025 New Silkroad Culturaltainment Limited announced that they will report fiscal year 2024 results on Mar 14, 2025 New Risk • Feb 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$641.5m market cap, or US$82.5m). Board Change • Dec 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Andrew Chow was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Nov 29
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Andrew Chow was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Sep 29
First half 2024 earnings released: HK$0.014 loss per share (vs HK$0.004 loss in 1H 2023) First half 2024 results: HK$0.014 loss per share (further deteriorated from HK$0.004 loss in 1H 2023). Revenue: HK$282.7m (up 109% from 1H 2023). Net loss: HK$44.8m (loss widened 267% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Aug 23
LSC Stable Income LPF, a fund managed by Infinitus Partners Group Limited entered into the Agreement to acquire Huaxia Winery Holding Company Limited from New Silkroad Culturaltainment Limited (SEHK:472). LSC Stable Income LPF, a fund managed by Infinitus Partners Group Limited entered into the Agreement to acquire Huaxia Winery Holding Company Limited from New Silkroad Culturaltainment Limited (SEHK:472) on August 21, 2024. A cash consideration of HKD 142.4 million and of HKD 189.1 million will be paid by the Acquirer. As part of consideration, HKD 142.4 million (CNY 130 million) is paid towards common equity. (i) HKD 14.2 million (CNY 13 million), representing 10% of the total consideration for the Disposal, shall be payable within 10 business days from the date of the Agreement; (ii) HKD 71.2 million (CNY 65 million), representing 50% of the total consideration for the Disposal, shall be payable within 10 business days from the date on which the condition precedent to the Disposal is fulfilled; and (iii) HKD 57.0 million (CNY 52 million), representing the remaining 40% of the total consideration for the Disposal, shall be payable on or before 20 December 2024. Further, upon the receipt of the third and final installment of the consideration in full, the Company shall or shall procure to waive all the debts owed by the Huaxia Winery Holding Company Limited to the Company in the aggregate amount of approximately HKD 189.1 million (CNY 172.6 million). If the Purchaser fails to make any payment of the consideration in accordance with the terms of the Agreement, the
Company may unilaterally terminate the Agreement whereby the Purchaser shall pay to the Company liquidated damages in an amount equivalent to the aggregate sum of consideration already paid by the Purchaser, subject to a maximum cap of HKD 35.6 million (CNY 32.5 million), representing 25% of the total consideration for the Disposal. If the Company fails to procure the completion of the necessary compliance or approval procedure for the Disposal, the Purchaser may unilaterally terminate the Agreement whereby the Vendor shall pay to the Purchaser liquidated damages in the sum of HKD 35.6 million (CNY 32.5 million), representing 25% of the total consideration for the Disposal. The Board has considered that the consideration is fair and reasonable and in the interests of the Company and the Shareholders as a whole. For the period ending December 31, 2023, Huaxia Winery Holding Company Limited reported total revenue of HKD 86.6 million and net loss of HKD 3.5 million. The Company has obtained a written approval from Macrolink Land, which, is a controlling shareholder of the Company holding 1,757,450,743 Shares, representing approximately 54.79% of the entire issued share capital of the Company, approving the Disposal. The equity transfer is subject to approval by the Hong Kong Securities Regulatory Commission before it can be implemented. Reported Earnings • Jul 28
First half 2024 earnings released: HK$0.014 loss per share (vs HK$0.004 loss in 1H 2023) First half 2024 results: HK$0.014 loss per share (further deteriorated from HK$0.004 loss in 1H 2023). Revenue: HK$282.7m (up 109% from 1H 2023). Net loss: HK$44.8m (loss widened 267% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • Jul 16
New Silkroad Culturaltainment Limited to Report First Half, 2024 Results on Jul 25, 2024 New Silkroad Culturaltainment Limited announced that they will report first half, 2024 results on Jul 25, 2024 Announcement • Jun 13
Yu Cheng Kuo agreed to acquire an additional 72% stake in Megaluck Company Limited from New Silkroad Culturaltainment Limited (SEHK:472) for KRW 5 billion. Yu Cheng Kuo agreed to acquire an additional 72% stake in Megaluck Company Limited from New Silkroad Culturaltainment Limited (SEHK:472) for KRW 5 billion on June 11, 2024. A cash consideration of KRW 500 million will be paid by the buyer. The buyer will pay an earnout/contingent payment of KRW 4.5 billion cash. As part of consideration, KRW 5 billion is paid towards common equity of Megaluck Company Limited.
As of April 30, 2024, Megaluck Company Limited reported net liabilities of KRW 10.41 billion (HKD 58.8 million). New Silkroad Culturaltainment Limited intends to use the net proceeds to strengthen the cashflow and general working capital of the Group.
Vincorn Consulting and Appraisal Limited acted as Independent valuer, and CCTH CPA Limited acted as accountant for New Silkroad Culturaltainment Limited. Announcement • Apr 28
New Silkroad Culturaltainment Limited, Annual General Meeting, Jun 13, 2024 New Silkroad Culturaltainment Limited, Annual General Meeting, Jun 13, 2024, at 11:00 China Standard Time. Location: Conference Room, 15/F. COFCO Tower, 262 Gloucester Road Causeway Bay Hong Kong Agenda: To receive and consider the audited consolidated financial statements together with the reports of the directors (the "Directors") and auditor of the Company for the year ended 31 December 2023; to re-elect Mr. Zhang Jian as executive Director; to re-elect Mr. Hang Guanyu as executive Director; to authorize the board of Directors to fix the Directors' remuneration; to re-appoint CCTH CPA Limited as auditor of the Company and to authorize the board of Directors to fix their remuneration. New Risk • Apr 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (HK$673.6m market cap, or US$86.0m). New Risk • Mar 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (HK$442.6m market cap, or US$56.6m). Announcement • Mar 07
New Silkroad Culturaltainment Limited to Report Fiscal Year 2023 Results on Mar 20, 2024 New Silkroad Culturaltainment Limited announced that they will report fiscal year 2023 results on Mar 20, 2024 Reported Earnings • Aug 20
First half 2023 earnings released: HK$0.004 loss per share (vs HK$0.023 loss in 1H 2022) First half 2023 results: HK$0.004 loss per share (improved from HK$0.023 loss in 1H 2022). Revenue: HK$135.3m (down 46% from 1H 2022). Net loss: HK$12.2m (loss narrowed 83% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Aug 13
New Silkroad Culturaltainment Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 New Silkroad Culturaltainment Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the group is expected to record a consolidated loss of approximately HKD 10,000,000 to HKD 20,000,000 which is substantially less than the consolidated loss of the corresponding period in 2022 of approximately HKD 123,428,000. Announcement • Aug 09
New Silkroad Culturaltainment Limited to Report First Half, 2023 Results on Aug 18, 2023 New Silkroad Culturaltainment Limited announced that they will report first half, 2023 results on Aug 18, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Kwong Hon Tse was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 28
First half 2022 earnings released: HK$0.023 loss per share (vs HK$0.004 loss in 1H 2021) First half 2022 results: HK$0.023 loss per share (down from HK$0.004 loss in 1H 2021). Revenue: HK$250.1m (up 400% from 1H 2021). Net loss: HK$73.3m (loss widened HK$61.5m from 1H 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Aug 20
New Silkroad Culturaltainment Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022 New Silkroad Culturaltainment Limited provided consolidated earnings guidance for the six months ended June 30, 2022. The group for the six months ended 30 June 2022, the Group is expected to record a net loss attributable to owners of the Company of approximately HKD 73 million as compared to approximately HKD 11.8 million for the corresponding period in 2021, mainly due to the impairment loss of the Glorious Hill resort land in Jeju, South Korea. The amount of impairment loss needed to be confirmed by an independent valuer. Announcement • Aug 06
New Silkroad Culturaltainment Limited to Report First Half, 2022 Results on Aug 26, 2022 New Silkroad Culturaltainment Limited announced that they will report first half, 2022 results on Aug 26, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Kwong Hon Tse was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 15
New Silkroad Culturaltainment Limited, Annual General Meeting, Jun 08, 2022 New Silkroad Culturaltainment Limited, Annual General Meeting, Jun 08, 2022, at 11:00 China Standard Time. Location: Conference Room, 8/F., Macrolink Group Building, Government Ave, Taihu Town Tongzhou District, Beijing Beijing China Agenda: To receive and consider the audited consolidated financial statements together with the reports of the directors and auditor of the Company for the year ended 31 December 2021; and to re-elect director. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: HK$0.019 (vs HK$0.029 loss in FY 2020) Full year 2021 results: EPS: HK$0.019 (up from HK$0.029 loss in FY 2020). Revenue: HK$2.60b (up HK$2.48b from FY 2020). Net income: HK$61.9m (up HK$153.9m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
First half 2021 earnings released: HK$0.004 loss per share (vs HK$0.017 loss in 1H 2020) The company reported a solid first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: HK$50.0m (flat on 1H 2020). Net loss: HK$11.8m (loss narrowed 79% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 39% per year. Reported Earnings • Mar 30
Full year 2020 earnings released: HK$0.029 loss per share (vs HK$0.021 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: HK$117.6m (down 44% from FY 2019). Net loss: HK$92.0m (loss widened 14% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Announcement • Mar 17
New Silkroad Culturaltainment Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 New Silkroad Culturaltainment Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Announcement • Sep 19
New Silkroad Culturaltainment Limited Announces Executive Changes The board of directors of New Silkroad Culturaltainment Limited announced that Mr. Ng Kwong Chue, Paul has resigned and ceased to act as the company secretary of the Company and the authorised representative of the Company. The Board further announces that Mr. Ng Mo Chun ("Mr. MC Ng") has been appointed as the Company Secretary and the Authorised Representatives with effect from 18 September 2020. Announcement • Aug 14
New Silkroad Culturaltainment Limited to Report First Half, 2020 Results on Aug 26, 2020 New Silkroad Culturaltainment Limited announced that they will report first half, 2020 results on Aug 26, 2020