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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.