Phoenix Satellite Television (02008.HK): The net loss attributable to Phoenix New Media in the third quarter was 4.9 million yuan, a year-on-year decrease of 73.4%.

date
13/11/2025
Zhixin Finance APP news, Phoenix TV (02008.HK) released the third quarter performance of Phoenix New Media in 2025, with a total revenue of 200.9 million yuan (approximately 28.20 million US dollars), an increase of 22.3% compared to the same period in 2024, mainly due to the year-on-year growth in revenue from paid services and net advertising revenue. The gross profit margin in the third quarter of 2025 was 47.6%, compared to 37.9% in the same period in 2024. The increase in gross profit margin is mainly due to the higher gross profit margin of the digital reading business generated through mini-programs and the significant growth in revenue. The net loss attributed to Phoenix New Media was 4.9 million yuan (approximately 700,000 US dollars), a decrease of 73.4% year-on-year.