G.H.Y Culture & Media Holding's H1 2024 revenue dwindles

Its concert business segment bagged $19.7m in revenues.

G.H.Y Culture & Media Holding saw its revenue dip 17% year-on-year (YoY) to $27m in the first six months of the year (H1 2024), this was partially offset by its TV programme, film, and concert productions business segment.

With the completion of six concert productions in Singapore, Australia, and Japan, the concert business segment bagged $19.7m in revenue.

This was followed by their TV Program and Film Production and Other business segments with approximately $6.9m and $0.4m, respectively.

"Supported by a healthy balance sheet with working capital of approximately $87.9m, the Group believes it is well-positioned to execute on its strategic priorities to develop new value propositions, diversify its revenue sources (such as advertisements and e-commerce marketing, etc), explore new monetisation opportunities (such as immersive games, augmented realities, etc) of its growing IP content and to harness new business opportunities across the region," it said in a local bourse filing.

Follow the link for more news on

Financial Statements

Also Read

Tiong Seng launches first senior-care facility in Tianjin, China

SLA and STB award state properties at Dempsey Road for wellness, creativity

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit