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TVB Opens 10% Higher on Positive Profit Outlook, Reversing Losses in FY2024
Recommend 5 Positive 14 Negative 7 |
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TVB (00511.HK) opened 10.17% higher at $3.25 today, with a pre-market trading volume of 395,400 shares, involving $1.285 million. The Company recently issued a positive profit alert expecting to record EBITDA in excess of $350 million for FY2025, compared to EBITDA of $295 million in FY2024; and positive profit attributable to equity holders in excess of $50 million for the year compared to a loss of $491 million in FY2024. AASTOCKS Financial News |
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