The TV broadcast (00511) rose more than 5% in the afternoon. As of press release, it had risen 4.12% to HK$3.03, with a turnover of HK$2,0601 million.
The Zhitong Finance App learned that the TV broadcast (00511) rose by more than 5% in the afternoon. As of press release, it had risen 4.12% to HK$3.03, with a turnover of HK$2,0601 million.
According to the news, the television broadcast announced at noon that the group expects to achieve positive EBITDA in the second half of 2023, while generating an EBITDA loss of HK$186 million in the first half of 2023. The Group also expects the EBITDA loss for the full fiscal year 2023 to be less than the EBITDA loss of HK$338 million for fiscal year 2022.
Furthermore, in the fourth quarter of 2023, the group continued to maintain its leading position in the ratings of terrestrial free-to-air TV channels in Hong Kong, China. The total ratings of the group's flagship channel Feicui Channel, 24-hour wireless news station and other channels reached 80% of the market share.