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05:27 AM EDT, 04/07/2023 (MT Newswires) -- Alibaba Pictures Group (HKG:1060) is expecting to swing to a loss attributable to owners of 300 million yuan for the financial year ended March 31, compared with a profit of 169 million a year ago.

The loss is mainly attributed to the loss on the company"s listed equity investments.

Final results are expected to be released on May 31.

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