Brief: Television Broadcasts Says FY Revenue Increased By 24% To HK$3,586 Million

TVB

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;))