Press Release: AMTD IDEA Group Demonstrated High Growth Performance for YTD with Solid Equity Base

Dow Jones
11/03

- AMTD IDEA Group as a globally world diversified conglomerate has enjoyed robust performance and growth in 2025 YTD. Its controlled subsidiary AMTD Digital (NYSE: HKD)'s recently reported revenue for the six months ended April 30, 2025 increased by 1,085.9% compared to the prior period in 2024

- Another subsidiary of AMTD IDEA - The Generation Essentials Group $(TGE)$, successfully completed its de-SPAC with Mr Lawrence Ho Yau-lung's family office Black Spade Capital in June 2025

- As of December 31, 2024, AMTD IDEA reported total assets of US$2.07 billion (US$3.60 per share) and net assets of US$1.70 billion (US$2.96 per share)

PARIS and NEW YORK and SINGAPORE, Nov. 3, 2025 /PRNewswire/ -- AMTD IDEA Group ("AMTD IDEA", NYSE: AMTD; SGX: HKB) celebrates its achievement of significant milestones in 2025 year-to-date. Its subsidiary, AMTD Digital Inc. (NYSE: HKD), recently reported a remarkable half-year performance, with unaudited revenue increased by 1,085.9% for the six months ended April 30, 2025 compared to the prior period in 2024. The Generation Essentials Group (NYSE: TGE), another subsidiary of AMTD IDEA, successfully completed its de-SPAC with a special purpose acquisition company sponsored by Mr Lawrence Ho Yau-lung's family office Black Spade Capital in June 2025, with its Class A ordinary shares and warrants trading on the New York Stock Exchange and NYSE American under the ticker symbols "TGE" and "TGE WS" respectively.

As of December 31, 2024, AMTD IDEA reported total assets of US$2.07 billion (US$3.60 per share) and net assets of US$1.70 billion (US$2.96 per share). Building on the strong financial performance from last year, AMTD IDEA has continued to expand from a very solid equity base.

Dr. Feridun Hamdullahpur, Chairman of Executive Management Committee and Board of Directors, said, "We are proud of the significant progress and solid financial performance AMTD IDEA has achieved in the current year. Our board is confident that, AMTD IDEA, as diversified company group, will continue to generate sustained long-term value for our shareholders."

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients' diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as "Twitter") at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital's announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L'Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:

IR Office

AMTD IDEA Group

EMAIL: ir@amtdinc.com

For AMTD Digital Inc.:

IR Office

AMTD Digital Inc.

EMAIL: ir@amtdigital.net

For The Generation Essentials Group:

IR Office

The Generation Essentials Group

EMAIL: tge@amtd.world

View original content:https://www.prnewswire.com/news-releases/amtd-idea-group-demonstrated-high-growth-performance-for-ytd-with-solid-equity-base-302602356.html

SOURCE AMTD Digital; AMTD IDEA Group; The Generation Essentials Group

 

(END) Dow Jones Newswires

November 03, 2025 05:20 ET (10:20 GMT)

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