Slide 1: 2024 Annual Results Press Conference
Television Broadcasts Limited (Stock code: 00511.HK) 2024 Annual Results Press Conference 26 March 2025
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is intended solely for your information. Such information comprises extracts of operational data and unaudited financial information of the TVB Group for the year ended 31 December 2024 and of certain published information of the TVB Group. T
Slide 3: FY2024 Financial Performance Highlights
FY2024 Financial Performance Highlights Significantly positive EBITDA of HK$295 million Positive HK$53 million net profit in 2H2024* 79% audience share 17% growth 30% growth 83% market in HK TV in Digital share in TV ad spend Broadcasting Advertising Revenue Revenue 17% growth GBA HK$565million in M
Slide 4: TVB Maintains 79% Audience Share
TVB Maintains 79% Audience Share TVB’s Viewership Performance (TV ratings*) (Audience share) 90% 20.0 79% 79% 77% 81% 79% 80% 16.4 17.1 16.6 16.2 16.5 70% 15.0 60% 50% 10.0 22 April 2024: 40% Launch of TVB Plus by merging 2 channels ** 30% 5.0 20% 3.3 2.6 1.9 1.8 2.0 2.2 2.0 2.1 1.9 2.5 10% - 0% Q1
Slide 5: Leader in Content Creation
Leader in Content Creation Some of our popular drama, variety & infotainment programs in 2024 4
Slide 6: Core TV-related Revenues Grew 10%
Core TV-related Revenues Grew 10% Amounts in HK$ million 3,323 3,258 127 486 297 355 345 +10% 356 Core TV-related segments* 851 729 +17% Mainland China 1,397 +17% 1,638 Hong Kong TV Broadcasting FY2023 FY2024 HK TV Broadcasting Mainland China OTT Streaming International e-Commerce * Total revenue of
Slide 7: EBITDA Shows Significant Growth
EBITDA Shows Significant Growth Amounts in HK$ million HK$565 million or Amounts in HK$ million EBITDA 15% cost reduction significantly 4,000 positive 300 3,500 250 200 3,000 150 295 2,500 100 2,000 3,844 50 3,279 0 1,500 -50 1,000 -140 -100 500 -150 - -200 FY2023 FY2024 FY2023 FY2024 Total operatin
Slide 8: Progress in Turnaround
Progress in Turnaround EBITDA Net profit Amounts in significantly Amounts in achieved HK$ million HK$ million positive 250 50 200 53 150 248 -50 100 -141 -200 50 -150 46 47 0 -407 -250 -50 -100 -186 -350 -150 -200 -450 1H2023 2H2023 1H2024 2H2024 1H2023 2H2023 1H2024 2H2024 EBITDA Adjusted profit*/(
Slide 9: Continuing Growth in FY2025
Continuing Growth in FY2025 Advertising Income in GBA • HK TV ads: double-digit percentage increase in 2025 client pre-commitments • HK Digital ads: keep growing strongly with higher viewership • Greater Bay Area (Guangdong & Macau): new advertising solutions Drama Co-production in Mainland China •
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