Hong kongTvbProposed change of name in english。
On 25 march, tv broadcasting ltd. (abbreviations: television broadcasting; english abbreviations: tvb; 00511. Hk) announced that the board of directors of the corporation had proposed that the name of the company in english be changed from “television broadcasts limited” to “tvb limited” and that the chinese name of the company be changed from “television broadcasting ltd” to “wireless group ltd”。
For the proposedChange nameFor the reasons stated in the bulletin, tvb states that the company, together with its affiliates and affiliates (“the group”), now operates diversified media and entertainment in hong kong, macao, mainland china and overseasOperationsI don't know. The company operates terrestrial television and digital serial platforms in hong kong and internationally, works in the creation and production of television and music content, develops and manages artists, and earns income by authorizing the company's intellectual property (ip) business operations to third parties. In the 60 years since its establishment in 1965, the company has grown and evolved from a single television broadcaster. The board therefore considered that the proposed name would better reflect the group's commercial identity, market positioning and future direction, and that it would be in the overall interest of the company and shareholders to propose a change in the name of the company。
The bulletin also stated that the proposed change in the name of the company would not affect the rights of any shareholder or holder of the securities of the company, nor would it affect the day-to-day operation of the company or its financial position。
On the same date, tvb disclosed 2025PerformanceDuring the reporting period, the company earned hk$ 3,192 million, a decrease of 2. 02 per cent over the same period; the ebitda (interest tax depreciation and pre-amortization profits) was hk$ 365 million, an increase of 23. 73 per cent over the same period; the company's shareholders should have earned a surplus of hk$ 5. 92 million, a loss of hk$ 491 million over the same period of the previous year; and a loss of hk$ 491 million per shareProfitIt's $0. 13。
According to wind data, for the first time since 2018, tvb has made annual profits. From 2018 to 2024, tvb had lost seven consecutive years, with cumulative losses of hk$ 3. 09 billion。
For specific operations, in 2025, tvb earned hk$ 1,896 million, an increase of 9. 32 per cent over the same period; hk$ 388 million, an increase of 339 per cent over the same period, for digital media; hk$ 621 million, a decrease of 27. 11 per cent over the same period, for mainland china; and hk$ 287 million, a decrease of 3. 13 per cent over the same period, for international operations。
According to the financial statements, the increase in income from television and radio operations is mainly due to the contribution of advertising revenues. In its bulletin, tvb stated that despite the continuing weakness of the advertising market in hong kong, the group's terrestrial television channel, which grew by 15 per cent over the past year from advertising clients, was driven mainly by strong advertising demand from large corporate clients. In addition, since 2024, when the group recovered the advertising rights of the guangdong channel from its rebroadcasting partners, its income contribution has tripled with the introduction of the “b-roll” television advertising product in the bay region。
In the area of operations in the interior of china, revenues from the operation have declined as a result of the decline in production of the joint drama compared to 2024 and the slowdown in overall market activity. Nevertheless, the tvb series, queen of the news ii, was launched in november 2025, and business performances are ideal, generating significant advertising and sponsorship revenues for china's co-opting partners and groups in hong kong。
In addition, in terms of content production, tvb introduced artificial intelligence tools for content creation in 2025. In september 2025, the group launched the first ai-generated short play, " you are in my heart, you are unique " , on tvb plus and my tv super, which was broadcast on video. The group has since launched more ai-generated dramas and will continue to do so in 2026。
Looking ahead to 2026, tvb expects a moderate increase in advertising revenues for the television broadcasting division. In addition, with regard to the china mainland operations division, tvb currently has five joint theatres at different stages of production and is expected to be launched in 2026. The following are the following: " the goddess of justice " , " the game of spouses " , " the imitation of life " , " the war of roses " , " the war " , " the war of roses " , " working with video " , and " the bottom " , " the media of the film production group " , " in cooperation with china and the mainland " 。
According to the wisdom vip, as of 25 march, the television broadcaster had posted hk$2. 85 per unit, an increase of 1. 06 per cent and a total market value of hk$ 1. 33 billion。
