Tuesday, July 28, 2015   

Phoenix TV warns of half-year loss
(2 mins ago)

Phoenix TV (2008) said today the group expected a “substantial decline in profit’’ for the six-month period ended June 30, 2015 compared with a profit of HK$228 million in the corresponding period in 2014.
The company said advertising income has fallen and operating costs have risen as a result of the expansion of new media business.
   
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