NoonTalk Media cuts losses by 40% to $1.3m in 1H24
The company's loss per share was 0.64 cents.
NoonTalk Media narrowed its losses by 40% to $1.3m in 1H24, its latest financial statement showed.
The narrower loss resulted in a loss per share of 0.64 cents.
In the same period, NoonTalk Media recorded a 70% YoY drop in its gross profit, falling to $57m, mainly due to an increase in artists’ engagement fees and production costs.
On the flip side, revenue increased 16% YoY to $2.27m due to the increase in revenue from management and events.