Digital Domain Holdings Limited announced that the Group expects to record a substantial consolidated loss for the year ended December 31, 2013 as compared to the modest profits recorded for the year ended December 31, 2012. It is expected that the losses are attributable to the consolidation of the results of visual effect production business for which acquisition was completed by the Company in July 2013 which has continued to incur operating losses of its visual effects business even though margins have improved post acquisition and the Group expected impairment losses and recognition as a cost in respect of its participation rights in the film Ender's Game.
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5-day change | 1st Jan Change | ||
0.25 HKD | +7.76% | +4.17% | -16.67% |
Jun. 06 | Digital Domain, Affiliate Enter into JV Agreement for AI-Driven Digital Rights Library for Media Industry | MT |
May. 17 | Digital Domain Holdings Limited Announces Board Retirements | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-16.67% | 237M | |
+13.99% | 8.18B | |
-18.73% | 5.28B | |
+5.79% | 5.54B | |
+9.02% | 4.75B | |
+3.55% | 4.05B | |
+22.54% | 3.57B | |
-6.63% | 3.05B | |
-14.13% | 2.7B | |
-21.98% | 2.38B |
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- Digital Domain Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2013