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Hong Kong Entertainment Expo gala kicks off
HONG KONG: Entertainment Expo in its second year brought together key events in Hong Kong’s entertainment calendar for Digital entertainment, music, film as well as TV.
The combined events together form an excellent forum to ensure business deals, recognition of excellence a place to showcase content via the screenings and last but not the least the entertainment.
With an action packed opening act , and scintillating performances by Hong Kong artists TDC chairman Peter Woo, welcomed all the guests to the Entertainment Expo as well as the 25th anniversary of the Hong Kong Film Awards.
The month long mega event , the only one of its kind in Asia brings together eight exciting events covering a mix of film, television, music and digital entertainment.
The events include
The Film awards,
Hong Kong Filmart,
Hong Kong Film Festival
Hong Kong Asia Film Financing Forum (HAF) Hong Kong Digital Excellence Awards (HKDEEA) The Digital Leadership Forum.(DELF) The IFPI Hong Kong Top Sales Music Award
and the Hong Kong Independent short Film &Video Awards
The Expo in its second year has found an overwhelming response connecting creative people from all over the world. With the opening of the growing China market and other emerging markets in Asia, opportunities and new avenues have opened up offering dreams to filmmakers , participants and viewers alike
The gala a star studded event had over 1200 attendees which included super stars like Maggie Cheung, Tony Leung Ka-fai ,Jacky Cheung,Leo Ku, Jeff Cheung, Joey Young and Japanese actor Yosuke Eguchi .Also in attendance was internationally acclaimed director Wong Kar-Wai who has been appointed as one of the judges at the famed Cannes Film Festival.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
