Phoenix Media Investment (Holdings) (HK:2008) has released an update.
Phoenix Media Investment (Holdings) Limited reported a decrease in revenue by 8% and an increase in loss attributable to owners by 42.8% in the first half of 2024 compared to the previous year. Despite financial setbacks, the company has launched the Phoenix Hong Kong Channel and ‘Phoenix News’ community platform, significantly enhancing its presence and international communication reach. Key global events and international affairs were covered with in-depth reporting, asserting Phoenix TV’s commitment to delivering quality news to a global audience.
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