PHOENIX TV Reports 2026 Interim Results: Net Loss Narrows 47.6% to HK$108 Million

Stock News08-14

PHOENIX TV (02008) has released its interim results for the six months ended June 30, 2026, showing a significant narrowing of losses.

The group recorded total revenue of HK$1.086 billion, representing a 24.3% increase year-on-year. Net loss amounted to HK$108 million, narrowing by 47.6% compared to the same period last year. Basic loss per share stood at 21.56 HK cents.

This year marks the 30th anniversary of the founding of PHOENIX TV. Over the past three decades, the group has consistently adhered to journalistic professionalism, maintained a long-term perspective, and upheld media credibility. Through an innovative approach to embracing change, it has evolved from a traditional television broadcaster into a comprehensive global media platform.

Looking ahead, amid a complex and volatile international landscape and intense industry competition, the group remains committed to moving forward with optimism. Based in Hong Kong and serving a global audience, PHOENIX TV aims to be the on-site reporter of major global events, the international storyteller of Chinese culture, and the platform builder for international exchanges. The group is dedicated to transforming itself into a more trustworthy, dynamic, and internationally influential multimedia conglomerate, delivering superior performance to repay the trust and support of shareholders and the broader community.

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