Core Viewpoint - Lehua Entertainment's stock has dropped over 6%, with a decline of more than 30% from its peak in June 2023, amid speculation regarding the non-renewal of popular artist Wang Yibo's contract [1] Financial Performance - In the first half of the year, Lehua Entertainment reported revenue of 414 million yuan, a year-on-year increase of 19.28% [1] - The company's net profit attributable to shareholders was 58.1 million yuan, reflecting an increase of 88.66% year-on-year [1] - The IP operation business generated revenue of 20.6 million yuan during the same period, marking a significant growth of 128% year-on-year [1] Contractual Details - Wang Yibo's contribution to Lehua Entertainment's total revenue for 2024 is projected to be 459 million yuan, accounting for over 60% of the total revenue of 765 million yuan [1] - The current contract between Wang Yibo and Lehua Entertainment is set to expire in October 2026, with changes in their partnership being closely monitored [1]
港股异动 | 乐华娱乐(02306)跌超6% 较6月高点已回落逾30% 王一博续约问题引发关注