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

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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
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