Income from Yeah1’s promoting and communications actions has elevated 4 occasions in comparison with 2023, together with the contribution of the present “Brother overcoming hundreds of thorns” – Picture: Yeah1
On January 23, Yeah1 Group Joint Inventory Firm (inventory code YEG) introduced its enterprise outcomes for the fourth quarter and 2024.
In accordance with the 2024 consolidated monetary report, Yeah1 will obtain a revenue after tax of greater than 126 billion VND, a rise of 378% in comparison with 2023. This result’s achieved because of a greater than doubled income from promoting and communication actions. 4 occasions in comparison with the identical interval in 2023, resulting in a rise in gross revenue and revenue after tax of the group.
The consolidated web income of this enterprise working within the leisure trade will attain greater than 1,000 billion VND in 2024, of which income from promoting and media consulting is 845 billion VND. The group’s gross revenue reached 143 billion VND, a rise of greater than 117 billion VND in comparison with 2023.
Nonetheless, the guardian firm’s personal revenue after company earnings tax decreased by greater than 28 billion VND, equal to a lower of 54.81% in comparison with 2023, primarily on account of a lower in monetary income.
Within the fourth quarter of 2024, Yeah1’s consolidated after-tax revenue reached 71 billion VND, a rise of 401% over the identical interval in 2023. Yeah1 Group stated the principle cause was as a result of finish of 2024, Yeah1 achieved efficient outcomes. effectivity in enterprise segments, particularly multi-platform promoting actions, sponsoring manufacturers, leisure packages and occasions.
In distinction to the consolidated enterprise outcomes, the guardian firm’s revenue after tax within the fourth quarter of 2024 decreased by 48% in comparison with the identical interval in 2023 on account of a lower in income from the switch and exploitation of content material copyright.
The consolidated monetary report exhibits that the group’s complete property as of December 31, 2024 are greater than 2,492 billion VND, up from 1,860 billion VND on the finish of 2023, and the group’s liabilities are greater than 985 billion VND. VND and fairness is greater than 1,506 billion VND.
Yeah1 was based in 2006, operates within the leisure media trade in Vietnam and is the producer of “widespread” packages in latest occasions reminiscent of Stunning Sister, Breaking the Wind, Brother Overcoming 1000’s of Thorns…
Lately, regardless of the overall market decline, Yeah1 inventory nonetheless had dramatic will increase because of the warmth of the 2-night live performance “Brother Overcoming 1000’s of Thorns” scheduled to be held on the finish of March in Ho Chi Minh Metropolis. .
After a interval of disaster, Yeah1 has now “overcome hundreds of difficulties”, steadily regaining its place as income and income repeatedly enhance with many packages properly acquired by the viewers.
