New Media Lab Limited (HK:1284) has released an update.
New Media Lab Limited reported a stable revenue of HK$102.6 million with digital advertising as its mainstay, contributing 96.5% to the total revenue for the first half of 2024. Despite challenging market conditions, the company saw a significant increase in net profit by 112.1% to HK$7.0 million, and declared an interim dividend of HK1.67 cents per share. The company, listed since July 2023, operates nine media brands, providing diverse content from lifestyle to entertainment and finance.
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