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Hong Kong stock movement | TVB (00511) rose over 4%, expects this year's advertising revenue to surpass last year, reiterates the expectation of achieving a positive Net income for the entire year.
TVB (00511) rose more than 4%, as of the time of writing, up 4.07%, reported at 3.07 Hong Kong dollars, with a turnover of 2.3253 million Hong Kong dollars.
TVB (00511) expects that the total advertising revenue for the year 2025 will surpass that of 2024.
TVB (00511) announced that for the three-month period ending March 31, 2025, the group in Hong Kong...
TVB: 2024 Annual Report
TVB (00511.HK) granted a total of 9.45 million share options.
On April 2, Glonghui announced that a total of 9.45 million stock options were granted on April 2, 2025, in accordance with the stock option plan adopted by the company on June 29, 2017, with an exercise price of HKD 3.170 per share for the options granted.
TVB's 2024 Loss Narrows
TVB (00511.HK): Achieved a positive EBITDA of HKD 0.295 billion for the year 2024.
On March 26, Gelonghui announced that TVB (00511.HK) reported total revenue for the year ending December 31, 2024, slightly decreased by HKD 65 million or 2% to HKD 3.258 billion, including the e-commerce business segment. The core TV-related business (excluding the e-commerce business segment) saw total revenue increase by HKD 0.294 billion or 10% to HKD 3.131 billion, mainly due to a 17% revenue growth in the Hong Kong TV broadcasting segment and a 17% revenue growth in the mainland China business segment.
