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TVB's H1 Loss Narrows as Revenue Slides; Shares Fall 3%
TVB: The mid-term shareholder's share of the loss was HKD 0.143 billion, a significant decrease compared to last year's loss of HKD 0.407 billion.
Television Broadcast (00511.HK) announced on August 21 that the total revenue of its core television-related business (excluding the e-commerce business segment) for the six months ending on June 30, 2024 increased by HKD 0.156 billion or 12% to HKD 1.445 billion, mainly due to a 20% increase in revenue from the Hong Kong television broadcast division and a 22% increase in revenue from the China mainland business division. The group's total revenue for the period (including the e-commerce business segment) decreased slightly by HKD 47 million or 3% to HKD 15.13 billion.
Express News | Television Broadcasts Ltd - Hy Total Group Revenue Fell 3% to HK$1,513 Mln
Express News | Television Broadcasts H1 Net Income HKD 143 Million
Express News | Television Broadcasts H1 EPS HKD -0.33
TVB: Announcement of 2024 Interim Results
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