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HKG:1060

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Asia

Damai Entertainment Kicks Off Artist Development Label, Global Audition

Damai Entertainment (HKG:1060), a subsidiary of Alibaba (HKG:9988), launched ORCA, or Original Creative Artists, an artist development and content production label and opened a global audition for aspiring artists, according to a Friday press release.The artist initiative, All My Anecdotes Global Audition, was kicked off by ORCA and entertainment label All My Anecdotes. It is open to those who want to pursue a career in the entertainment industry around the world.The audition will run worldwide from July 3 to Aug. 3.

HKG:1060HKG:9988
Asia

Jefferies Adjusts Damai Entertainment Holdings' Price Target to HK$1.10 From HK$1.43, Keeps at Buy

Damai Entertainment Holdings (HKG:1060) has an average rating of buy and mean price target of HK$1.01, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

HKG:1060
Asia

Damai Entertainment's Fiscal Profit Jumps 94%

Damai Entertainment (HKG:1060) recorded 705.2 million yuan in attributable profit for the fiscal year ended March 31, up 94% from 363.6 million yuan a year earlier, according to a Wednesday filing with the Hong Kong bourse.The motion picture company's shares fell over 6% in late morning trade Thursday.Earnings per share were 0.0235 yuan, compared with 0.0123 yuan in the prior fiscal year.Revenue rose 20% year on year to 8.02 billion yuan, figures showed.

HKG:1060

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