Summary by Moomoo AI
TVB achieved a positive EBITDA of 0.295 billion Hong Kong dollars in 2024, significantly improving from an EBITDA loss of 0.14 billion Hong Kong dollars last year by 0.435 billion Hong Kong dollars. The group's total revenue slightly decreased by 2% to 3.258 billion Hong Kong dollars, but the core television-related business revenue grew by 10% to 3.131 billion Hong Kong dollars. The loss attributable to shareholders decreased by 36% to 0.491 billion Hong Kong dollars, with a loss per share of 1.09 Hong Kong dollars. The board of directors does not recommend the distribution of dividends.Hong Kong's TVB and business in Mainland China performed exceptionally well, with revenue increasing by 17% respectively. Advertising revenue in Hong Kong grew by 14%, and market share increased from 75% to 83%; the monthly...Show More
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