Phoenix TV (02008) announced its 2025 interim results, reporting revenue of approximately HK$874 million, representing a 16.2% decrease compared to the same period last year. The loss attributable to company owners was approximately HK$205 million, an increase of 11.3% year-on-year. Basic and diluted loss per share was 41.1 HK cents. According to the announcement, the revenue decline was primarily attributed to reduced advertising income due to intensified competition in the outdoor media business and shifting consumer preferences.