Group 1 - The core revenue of the company for the six months ending June 30, 2025, remained stable at HKD 1.498 billion, representing a year-on-year decrease of 1% [1] - The company's loss attributable to shareholders was HKD 108 million, an improvement of HKD 35 million compared to a loss of HKD 143 million in the same period last year [1] - The loss per share was HKD 0.23, compared to HKD 0.33 in 2024 [1] Group 2 - The total revenue from the core television-related business (excluding e-commerce) increased by HKD 9 million or 1% to HKD 1.454 billion, driven by a 4% growth in advertising revenue and a 9% increase in digital media revenue [1] - The board of directors does not recommend the distribution of an interim dividend for this period, consistent with the previous year [1]

电视广播(00511)发布2025年度中期业绩，收入14.98亿港元，同比下降1%;公司股东应占亏损1.08亿港 元，同比收窄24.6%;每股基本亏损0.23港元。 期内，电视广播的广告收入及数字媒体资产等方面表现强劲，但被中国内地业务、国际业务及电子商贸 (现已合并至新的电视广播分部，当中包括地面电视广播及其他先前归类为香港电视广播分部的相关业 务)等其他方面的疲弱表现所抵销。 ...

期内，电视广播的广告收入及数字媒体资产等方面表现强劲，但被中国内地业务、国际业务及电子商贸 (现已合并至新的电视广播分部，当中包括地面电视广播及其他先前归类为香港电视广播分部的相关业 务)等其他方面的疲弱表现所抵销。 智通财经APP讯，电视广播(00511)发布2025年度中期业绩，收入14.98亿港元，同比下降1%;公司股东应 占亏损1.08亿港元，同比收窄24.6%;每股基本亏损0.23港元。 ...

[Company Information and Performance Overview](index=1&type=section&id=I.%20%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF%E4%B8%8E%E4%B8%9A%E7%BB%A9%E6%A6%82%E8%A7%88) [Performance Highlights](index=1&type=section&id=%E6%A5%AD%E7%B8%BE%E6%91%98%E8%A6%81) For the six months ended June 30, 2025, core TV-related business revenue slightly increased by 1% to HK$1,454 million, while total group revenue marginally decreased by 1% to HK$1,498 million. EBITDA improved by 17% year-on-year to HK$55 million, and loss attributable to company shareholders narrowed by 24% to HK$108 million, with loss per share decreasing to HK$0.23. The Board does not recommend an interim dividend Performance Highlights | Metric | H1 2025 (HK$) | H1 2024 (HK$) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Core TV-related Business Revenue | 1,454,000,000 | 1,445,000,000 | +1% | | Group Total Revenue | 1,498,000,000 | 1,513,000,000 | -1% | | EBITDA | 55,000,000 | 47,000,000 | +17% | | Loss Attributable to Company Shareholders | 108,000,000 | 143,000,000 | -24% | | Loss Per Share | 0.23 | 0.33 | -0.10 | | Interim Dividend | 无 | 无 | - | [Business Highlights](index=2&type=section&id=%E6%A5%AD%E5%8B%99%E6%91%98%E8%A6%81) The company's terrestrial TV channels maintain leading viewership and advertising market share in Hong Kong, with advertising revenue growing by 4% and Greater Bay Area 'B-roll' advertising product revenue increasing by 171%. The digital media segment performed strongly, with myTV SUPER monthly active users around 2 million and digital asset advertising revenue growing by 37%, benefiting from the 'TV 3.0' free service tier. Mainland China business revenue decreased by 8% due to delayed delivery of co-production projects, but is expected to increase in the second half. The company actively expanded into the Greater Bay Area market, signing cooperation agreements with Tencent, Huawei, and other partners - Terrestrial TV channel advertising revenue increased year-on-year by **4%**, benefiting from advertising campaigns by blue-chip corporate clients and Greater Bay Area 'B-roll' advertising products (revenue growth of **171%**)[4](index=4&type=chunk) - The digital media segment performed strongly, with myTV SUPER streaming service having approximately **2 million** monthly active users in Hong Kong, and digital asset advertising revenue increased year-on-year by **37%**, primarily due to the 'TV 3.0' new initiative[4](index=4&type=chunk) - Mainland China business revenue decreased year-on-year by **8%**, mainly due to delayed delivery of co-production projects with Mainland China platform partners, with increased deliveries expected in the second half[4](index=4&type=chunk) - The company actively expanded into the Greater Bay Area market, holding a press conference in Guangzhou and signing cooperation agreements with key partners including Tencent, Huawei, and Shenzhen Media Group[4](index=4&type=chunk) [Outlook](index=3&type=section&id=%E5%B1%95%E6%9C%9B) Despite economic challenges in Hong Kong, the company remains cautiously optimistic about the advertising business prospects for terrestrial TV and digital media in the second half. Digital media segment revenue is expected to maintain its upward trend, and Mainland China business revenue is also anticipated to strengthen. The company projects continued year-on-year EBITDA improvement and positive net profit attributable to shareholders for FY2025 - Cautiously optimistic about the advertising business prospects from terrestrial TV channels and digital media assets for the remainder of 2025[5](index=5&type=chunk) - Digital media segment revenue is expected to maintain its upward trend in H2 2025, with digital advertising revenue as the primary growth driver[5](index=5&type=chunk) - Mainland China business revenue is expected to strengthen in H2 2025, as co-produced drama series will be completed and delivered[5](index=5&type=chunk) - EBITDA is expected to continue year-on-year improvement and achieve positive net profit (attributable to company shareholders) for the year ended December 31, 2025[5](index=5&type=chunk) [Financial Review and Segment Performance](index=4&type=section&id=II.%20%E8%B4%A2%E5%8A%A1%E5%9B%9E%E9%A1%B5%E4%B8%8E%E5%88%86%E9%83%A8%E4%B8%9A%E7%BB%A9) [Financial Review (Consolidated Statements)](index=4&type=section&id=%E8%B2%A1%E5%8B%99%E5%9B%9E%E9%A1%A7) The Group's total revenue remained largely stable at HK$1,498 million, with a slight year-on-year decrease of 1%. Strong performance in television broadcasting advertising revenue and digital media was offset by weaker performance in Mainland China business, international business, and e-commerce (now integrated into the television broadcasting segment). Total operating costs decreased by 3% to HK$1,568 million, primarily due to reductions in content costs, e-commerce related sales costs, distribution costs, and administrative expenses. EBITDA improved by 17% year-on-year to HK$55 million Consolidated Statements Key Financial Data | Metric | H1 2025 (HK$ thousand) | H1 2024 (HK$ thousand) | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 1,497,766 | 1,512,689 | -1% | | Cost of Sales | (938,265) | (948,235) | -1% | | Selling, Distribution and Broadcasting Costs | (251,538) | (271,624) | -7% | | General and Administrative Expenses | (377,823) | (402,515) | -6% | | Total Operating Costs | (1,567,626) | (1,622,374) | -3% | | EBITDA | 55,206 | 47,350 | +17% | - Total operating costs decreased by **HK$54 million** or **3%**, primarily due to savings in content costs, e-commerce related sales costs, distribution costs, and administrative expenses[7](index=7&type=chunk)[8](index=8&type=chunk) [Segment Analysis](index=7&type=section&id=%E6%A5%AD%E5%8B%99%E5%88%86%E9%83%A8%E5%88%86%E6%9E%90) During the period, the Group adjusted its segment structure, integrating e-commerce business into the 'Television Broadcasting' segment and establishing a new 'Digital Media' segment covering myTV SUPER and all Hong Kong digital-related businesses. Revenue and EBITDA are currently reported across four segments: Television Broadcasting, Digital Media, Mainland China Business, and International Business - Segment structure change: e-commerce business integrated into 'Television Broadcasting' segment; new 'Digital Media' segment established, covering myTV SUPER and all Hong Kong digital-related businesses[11](index=11&type=chunk) - Revenue and EBITDA are currently reported across four segments: Television Broadcasting, Digital Media, Mainland China Business, and International Business[11](index=11&type=chunk) [Television Broadcasting](index=7&type=section&id=%E9%9B%BB%E8%A6%96%E5%BB%A3%E6%92%AD) Television Broadcasting segment revenue grew by 1% to HK$818 million, primarily driven by a 4% increase in advertising client revenue, though partially offset by a significant contraction in the integrated e-commerce business. Segment EBITDA loss improved by 6% to HK$15 million | Metric | H1 2025 (HK$ hundred million) | H1 2024 (HK$ hundred million) | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | Segment Revenue | 8.18 | 8.10 | +1% | | Segment EBITDA | (0.15) | (0.16) | +6% | - Advertising client revenue increased by **4%** to **HK$695 million**, driving segment revenue growth[12](index=12&type=chunk) [Digital Media](index=7&type=section&id=%E6%95%B8%E5%AD%97%E5%AA%92%E9%AB%94) Digital Media segment revenue increased by 9% to HK$191 million, primarily driven by a 37% growth in advertising business across all digital media assets. However, EBITDA decreased by 41% to HK$19 million, mainly due to increased costs resulting from content cost allocation adjustments | Metric | H1 2025 (HK$ hundred million) | H1 2024 (HK$ hundred million) | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | Segment Revenue | 1.91 | 1.76 | +9% | | Segment EBITDA | 0.19 | 0.32 | -41% | - Digital media asset advertising business grew by **37%**, driving segment revenue increase of **HK$15 million**[14](index=14&type=chunk) - EBITDA decrease primarily due to a one-time adjustment in content cost allocation leading to increased costs[14](index=14&type=chunk) [Mainland China Business](index=8&type=section&id=%E4%B8%AD%E5%9C%8B%E5%85%A7%E5%9C%B0%E6%A5%AD%E5

格隆汇8月26日丨根据联交所最新权益披露资料显示，2025年8月22日，电视广播(00511.HK)遭Silchester International Investors LLP在场内以每股均价4.1271港 元减持20.73万股，涉资约85.55万港元。 | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | 持有權益的股份數目 佔已發行的有關事件的日 相關法 | | --- | --- | --- | --- | --- | --- | | | | 原因 | 股份數目 | | (請參閱上述 * 註 有投票權股期(日/月/ 份權益 | | | | | | | 份百分比 年) | | | | | | | (%) | | CS20250822E00357 | Silchester International 1201(L) 207,300(L | | | HKD 4.1271 | 32,473,000(L) 6.95(L)22/08/2025 | | | Investors LLP | | | | | 减持后，Silchester Internation ...

香港联交所最新资料显示，8月22日，Silchester International Investors LLP减持电视广播(00511)20.73万 股，每股作价4.1271港元，总金额约为85.55万港元。减持后最新持股数目为3247.3万股，最新持股比例 为6.95%。 ...

智通财经APP获悉，香港联交所最新资料显示，8月22日，Silchester International Investors LLP减持电视 广播(00511)20.73万股，每股作价4.1271港元，总金额约为85.55万港元。减持后最新持股数目为3247.3 万股，最新持股比例为6.95%。 ...

格隆汇8月13日丨电视广播(00511.HK)宣布，本公司将于2025年8月27日（星期三）举行董事局会议，并 将于会上通过决议案，（其中包括）批准及发布本公司及其附属公司截至2025年6月30日止六个月的中 期业绩，以及考虑派发中期股息（如有）。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 於本公告日期，本公司董事局成員包括： 董事局會議日期 電視廣播有限公司（「本公司」）董事局（「董事局」）宣布，本公司將於二零二 五年八月二十七日（星期三）舉行董事局會議，並將於會上通過決議案，（其 中包括）批准及發布本公司及其附屬公司截至二零二五年六月三十日止六個月 的中期業績，以及考慮派發中期股息（如有）。 承董事局命 公司秘書 李麗儀 香港，二零二五年八月十三日 （於香港註冊成立之有限公司） 股份代號：00511 黎瑞剛 利憲彬 獨立非執行董事 盧永仁博士 JP 盛智文博士 GBM, GBS, JP 方和 BBS, JP 執行董事 許濤 JP，行政主席 曾勵珍 非執行董事 ...

Core Viewpoint - The article highlights the life and achievements of Shao Yifu, a legendary figure in the Hong Kong entertainment industry, emphasizing his role in shaping the film and television landscape in Asia and his philanthropic contributions to education in China [5][43]. Group 1: Early Life and Career - Shao Yifu was born in 1907 in Ningbo, Zhejiang, and later moved to Shanghai for education. His family was well-off, but after his father's death, he ventured into the film industry with his brothers [7][8]. - In 1925, Shao's elder brother founded Tianyi Film Company, which quickly rose to prominence by producing historical films, but faced competition from established companies [10][11]. Group 2: Challenges and Expansion - The Tianyi Film Company faced a significant challenge known as the "六合围剿" (Six Unions Siege), which forced the Shao brothers to expand into the Nanyang market, where they established over 100 cinemas and amusement parks [11][13]. - After relocating to Hong Kong, the foundation laid in Nanyang proved crucial for the Shao brothers' success in the film industry [13]. Group 3: Establishing Shaw Brothers Studio - At the age of 51, Shao Yifu founded Shaw Brothers Studio in Hong Kong, focusing on creating a full entertainment industry chain, including production, distribution, and cinema operations [18][20]. - The studio produced numerous successful films, including "The Love Eterne," which became a cultural phenomenon, and established Shaw Brothers as a dominant force in the film industry [20][22]. Group 4: Impact on Film Industry - Shaw Brothers Studio produced over 40 films annually at its peak, with more than 2 million viewers weekly, significantly influencing the global film industry [23][25]. - The studio pioneered the martial arts genre with films like "One-Armed Swordsman," which shifted the focus of Hong Kong cinema from art films to commercial blockbusters [25][26]. Group 5: Transition to Television - In 1967, Shao Yifu co-founded TVB, which became a major player in Hong Kong television, producing numerous iconic series and launching the careers of many stars [35][39]. - TVB's success in the 1980s and 1990s made it a household name, with its dramas becoming immensely popular in mainland China [39][41]. Group 6: Philanthropy and Legacy - Shao Yifu established the Shaw Foundation in 1975, donating extensively to education and healthcare, with over 47.5 billion HKD contributed by 2012 [43][46]. - His philanthropic efforts led to the establishment of thousands of "Yifu Buildings" across China, symbolizing his commitment to education and community welfare [43][47].