AMTD Digital’s Total Assets Expand to US$1.2 Billion with Net Assets at US$630.6 Million, Maintaining Robust Profitability of US$42.4 Million

AMTD Digital reported unaudited half-year results with profit of $42.4 million, down from $51.5 million a year earlier, as fair-value gains on financial assets fell to $37.4 million from $47.5 million and tax expense rose. Core revenue from contracts with customers grew modestly to $26.4 million from $25.3 million, while total revenue including fair-value gains declined to $63.8 million from $73.2 million. Basic EPS was $0.19 versus $0.22. The balance sheet expanded 23.2% to $1.2 billion in total assets with equity of $630.6 million, driven by the New York Tribeca hotel acquisition, higher bank borrowings, and roughly $150 million of TGE SPAC IPO proceeds held in trust.

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