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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Grand Vision Media Holdings Plc | LSE:GVMH | London | Ordinary Share | GB00BDHBGL97 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.50 | 1.00 | 2.00 | 1.50 | 1.50 | 1.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 4.24M | -5.72M | -0.0594 | -0.25 | 1.44M |
TIDMGVMH 22 December 2021 Grand Vision Media Holdings Plc ("GVMH" or the "Company") Further update on Audit and Interim Results and Trading Update Following the announcements on 1 July 2021 & 29 October 2021, the Company continues to work towards the finalisation of its annual report and accounts for the year ended 31 December 2020 and the interim results for the 6 months to 30 June 2021. Unaudited revenue for 12 months ending 31 December 2020 was HKD 5,827K (audited 2019 : HKD 12,034K) and unaudited revenue for 6 months ending 30 June 2021 was HKD 1,742K (unaudited 2020 : HKD 6,045K). The Directors of the Company are currently exploring funding options which are necessary to bolster the financial position of the Company which has been adversely impacted by the pandemic. Once this funding is in place the Company will finalise its accounts on a going concern basis and expect an unqualified audit report to be obtained. The outdoor media advertising market continues to be very weak and the new Omicron strain of COVID-19 is expected to lengthen the recovery profile of the sector. We continue to explore other opportunities and opportunities including, but not limited to, the marketing of PPE products although as previously announced the global logistics crisis is delaying any positive impact on our cashflow. The Company continues to be supported by the major shareholders, whilst it navigates through the uncertainties and disruption caused by COVID-19. ### END ### For more information: Grand Vision Media Holdings plc http://gvmh.co.uk/ Jonathan Lo, Director Tel: +44 (0) 20 7866 2145 or info@gvmh.co.uk Alfred Henry Corporate Finance Ltd Nick Michaels / Jon Isaacs Tel: +44 (0) 20 3772 0021 or enquiries@alfredhenry.com END
(END) Dow Jones Newswires
December 22, 2021 09:41 ET (14:41 GMT)
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