Brief: Television Broadcasts Says FY Revenue Increased By 24% To HK$3,586 Million
28/03/2023 16:26
March 28 (Reuters) - Television Broadcasts 0511.HK :
* FOR YEAR GROUP REVENUE INCREASED BY 24% TO HK$3,586
MILLION
* FY LOSS ATTRIBUTABLE HK$807.1 MILLION VERSUS LOSS HK$646.7
MILLION
* TAKEN STEPS TO REDUCE COSTS BY ADJUSTING VOLUME AND NATURE
OF
OUR CONTENT PRODUCTION IN 2023
* ALSO TRIMMING OUR STAFF COSTS AND OVERHEADS IN 2023
* IN 2023 TARGET TO SAVE OVER HK$260 MILLION IN ANNUALISED
CASH
EXPENSES AND OVERHEADS
Source text for Eikon: ID:nHKS4nRGQR
Further company coverage: 0511.HK
((Reuters.Briefs@thomsonreuters.com;))
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