Television Broadcasts First Half 2024 Earnings: HK$0.33 loss per share (vs HK$0.93 loss in 1H 2023)

Television Broadcasts (HKG:511) First Half 2024 Results

Key Financial Results

• Revenue: HK$1.51b (down 3.0% from 1H 2023).
• Net loss: HK$143.5m (loss narrowed by 65% from 1H 2023).
• HK$0.33 loss per share (improved from HK$0.93 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Television Broadcasts Earnings Insights

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Media industry in Hong Kong.

Performance of the Hong Kong Media industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Television Broadcasts has 1 warning sign we think you should be aware of.

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