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TVB Expects 2025 Advertising Income to Exceed 2024, Keeps 2025 Profit Forecast
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TVB (00511.HK) maintained its market-leading viewership of terrestrial free-to-air TV channels in Hong Kong during the quarter ended March 2025, with its flagship Jade, 24-hour TVB News and other channels achieving an aggregate 78% market share of viewership, according to TVB's announcement. During the period, its advertising income from terrestrial free-to-air channels in Hong Kong has remained firm in 2025, while its overall income from advertisers was comparable to the same period last year. TVB expected to achieve higher advertising income over the full year of 2025 compared to 2024, with the Greater Bay Area outside of Hong Kong being a key growth driver. The Company reiterated its expectation of continued growth in EBITDA and a positive net profit for the full year of 2025. AAStocks Financial News |
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