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TVB Reports Strong Q3 2024 Growth in Core Businesses

TVB Reports Strong Q3 2024 Growth in Core Businesses

Television Broadcasts Limited (HK:0511) has released an update.

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Television Broadcasts Limited (TVB) reported robust growth in its core Hong Kong television and digital advertising businesses for Q3 2024, with a notable 8% increase in advertising income and a 30% rise in digital ad revenue. Despite a slight dip in premium OTT subscribers, TVB maintained a strong viewership, securing a 77% market share. The company’s mainland China operations also saw active engagement in drama production and online retail activities.

For further insights into HK:0511 stock, check out TipRanks’ Stock Analysis page.

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