Independent TMT Analyst

Edison Lee, CFA

Equity Bottom-Up

<ul>
<li>On July 22, <a href="https://www.smartkarma.com/entities/20724" target="_blank" data-smartkarma-citation="entities:20724:1">Alibaba Pictures Group Ltd (1060 HK)</a> issued a profit warning for 1H2016, saying its net loss for the period would be Rmb400m to Rmb450m (US$60m to 67m) driven by marketing costs related to Taobao Movie Tickets.</li>
<li>Alibaba Pictures incurred an operating loss of Rmb395m (U$59m) in 2015, and will unlikely see any profits in the near term owing to its efforts to build an integrated, Internet-based entertainment media platform.</li>
<li>However, no matter how much loss Alibaba Pictures will incur, it…</li>
</ul>


On July 22, Alibaba Pictures Group Ltd (1060 HK) issued a profit warning for 1H2016, saying its net loss for the period would be Rmb400m to Rmb450m (US$60m to 67m) driven by marketing costs related to Taobao Movie Tickets.
Alibaba Pictures incurred an operating loss of Rmb395m (U$59m) in 2015, and will unlikely see any profits in the near term owing to its efforts to build an integrated, Internet-based entertainment media platform.
However, no matter how much loss Alibaba Pictures will incur, it…


Alibaba Pictures' Profit Warning - Positive for Alibaba Group Holdings

Hong Kong

Alibaba Pictures Group Ltd. produces and invests in television programming and motion pictures in China.

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Alibaba Pictures (1060 HK)

Alibaba Pictures' Profit Warning - Positive for Alibaba Group Holdings

On July 22, Alibaba Pictures Group Ltd (1060 HK) issued a profit warning for 1H2016, saying its net loss for the period would be Rmb400m to...

Edison Lee, CFA

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