---
title: "PHOENIX TV released its annual performance, with a loss attributable to shareholders of HKD 253 million, a year-on-year decrease of 2.46%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232745395.md"
description: "PHOENIX TV released its annual performance for the year ending December 31, 2024, with revenue of HKD 2.235 billion, a year-on-year decrease of 9.43%; a loss attributable to shareholders of HKD 253 million, a year-on-year decrease of 2.46%; and a basic loss per share of HKD 0.5059. Television broadcasting revenue decreased by 4.3% to approximately HKD 878 million, accounting for 39.3% of total revenue. The television broadcasting segment reported a loss of approximately HKD 11.079 million"
datetime: "2025-03-21T12:38:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232745395.md)
  - [en](https://longbridge.com/en/news/232745395.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232745395.md)
---

# PHOENIX TV released its annual performance, with a loss attributable to shareholders of HKD 253 million, a year-on-year decrease of 2.46%

According to the Zhitong Finance APP, PHOENIX TV (02008) announced its annual results for the year ending December 31, 2024. The group achieved revenue of HKD 2.235 billion, a year-on-year decrease of 9.43%; the loss attributable to shareholders was HKD 253 million, a year-on-year decrease of 2.46%; basic loss per share was HKD 0.5059.

Television broadcasting revenue (including advertising, subscription fees, and other sources of income) decreased by 4.3% to approximately HKD 878 million (for the year ending December 31, 2023: HKD 918 million), accounting for 39.3% of the group's total revenue for the year ending December 31, 2024. The classified loss from television broadcasting operations for the year ending December 31, 2024, was approximately HKD 11.079 million (for the year ending December 31, 2023: classified profit of HKD 45.882 million)

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