The chairman and chief executive officer of Phoenix Satellite Television Holdings Limited, Liu Changle, announced the Company’s annual results for the 2009 financial year. During this period the Phoenix Group continued to perform well, and while the global financial crisis posed challenge for the international media industry, the Group’s revenue for the year ended 31 December 2009 was 9.9% higher than the previous year, reaching approximately HK$1,530,505,000. The profit attributable to equity holders increased to approximately HK$299,746,000, which was a 4.5% improvement over the profit achieved in 2008. The Board recommended a final dividend of HK$0.02 per share.
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