Hong Kong Economic Times Holdings Reports 13% Decline in Revenue, HK$35.7 Million Net Profit for Fiscal Year Ending March 2025

Reuters
06/13
Hong Kong Economic Times Holdings Reports 13% Decline in Revenue, HK$35.7 Million Net Profit for Fiscal Year Ending March 2025

Hong Kong Economic Times Holdings Ltd. reported its audited consolidated final results for the year ended 31 March 2025. The Group's revenue amounted to HK$803.7 million, down from HK$923.9 million in the previous year. The media segment experienced a decline in revenue to HK$535.2 million from HK$625.0 million. The financial news agency, information and solutions segment also saw a reduction in revenue to HK$268.5 million from HK$298.9 million. The Group recorded a total loss of HK$35.3 million for the year, a reversal from the profit of HK$55.0 million achieved in the previous year. The media segment registered a loss of HK$51.5 million, a contrast to the profit of HK$23.9 million in the prior year. The decrease in advertising income contributed to this decline, but the Group implemented stringent cost control measures through business integrations and resource optimization. Looking forward, the Group emphasized its commitment to investing in technology, talent, and innovation to enhance digital capabilities and customer experience. The Group plans to continue its investment initiatives in artificial intelligence and digital platforms to expand its market share in digital advertising.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Kong Economic Times Holdings Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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