Television Broadcasts Limited
Television Broadcasts Limited (TVB) is a broadcasting company based in Hong Kong. TVB, together with its subsidiaries is engaged in terrestrial television broadcasting with program/commercial production, distribution of television channels, provision of contents to mobile devices, website portal, magazine publication, sale of video compact discs and digital video discs, cable television channel services and licensing and distribution of television programs. The company primarily operates through five reportable segments, namely, Terrestrial Television Broadcasting, Programme Licensing and Distribution, Overseas Satellite Pay TV Operations, Channel Operations and Other activities. TVB carries out its operations in various countries across the world, such as Hong Kong, China, the US, France, Bermuda, Canada, Taiwan, the UK, Australia and British Virgin Islands, amongst others. The company is headquartered at Kowloon in Hong Kong.The company reported revenues of (Hong Kong Dollars) HKD 4,407.30 million during the fiscal year ended December 2008, an increase of 1.88% over 2007. The operating profit of the company was HKD 1,356.59 million during the fiscal year 2008, a decrease of 18.99% from 2007. The net profit of the company was HKD 1,055.35 million during the fiscal year 2008, a decrease of 16.49% from 2007.