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Television Broadcasts Limited ( (HK:0511) ) has issued an announcement.
Television Broadcasts Limited reported a stable total group revenue of HK$1,498 million for the first half of 2025, with a slight decline compared to the previous year. Despite a net loss of HK$108 million, the company saw improvements in its core TV-related businesses, driven by increased advertising revenue and digital media growth. The company maintained a dominant market share in Hong Kong’s TV advertising sector and expanded its digital media services with new initiatives. Efforts to grow in the Greater Bay Area included promotional events and partnerships with major companies like Tencent and Huawei. However, revenue from Mainland China operations declined due to deferred project deliveries, with expectations for improvement in the latter half of the year.
The most recent analyst rating on (HK:0511) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Television Broadcasts Limited stock, see the HK:0511 Stock Forecast page.
More about Television Broadcasts Limited
Television Broadcasts Limited is a prominent player in the television broadcasting industry, primarily offering TV broadcasting services and digital media content. The company focuses on the Hong Kong market, where it operates the most-watched terrestrial TV channels, and is expanding its presence in the Greater Bay Area of Guangdong province.
Average Trading Volume: 1,820,886
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.98B
For detailed information about 0511 stock, go to TipRanks’ Stock Analysis page.