PHOENIX TV announced its interim results, with a loss attributable to shareholders of approximately HKD 205 million, an increase of 11.3% year-on-year
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According to the Zhitong Finance APP, PHOENIX TV announced its mid-year results for 2025, with revenue of approximately HKD 874 million, a decrease of 16.2% compared to the same period last year. The loss attributable to shareholders was approximately HKD 205 million, an increase of 11.3% compared to the same period last year. The basic and diluted loss per share was HKD 0.411. The announcement stated that the decrease in revenue was mainly due to intensified competition in the outdoor media business and changes in consumer preferences leading to a decline in advertising revenue
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