GHY executive chairman and group CEO Guo Jingyu and his team have pivoted into various ventures — new ideas that the affable veteran director has been keen to discuss with The Edge Singapore recently.
At face value, GHY Culture & Media (SGX:XJB
) had a clean-cut business model. It debuted on the Mainboard of the Singapore Exchange (SGX) in December 2020 with three key business segments: TV and film production; producing concerts; and talent management, costumes, props and make-up services.
However, travel restrictions and other Covid-19-related measures forced GHY to suspend many operations immediately after its listing. For FY2021 ended Dec 31, 2021, GHY reported earnings of $3.9 million, down 90% over FY2020.
