AMTD Digital Inc. Reports 132% Net Profit Growth for Six

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AMTD Digital Inc. Reports 132% Net Profit Growth for Six

AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD), a NYSE-listed company and a subsidiary of AMTD IDEA Group (“AMTD IDEA”) (NYSE: AMTD; SGX: HKB), today announced its unaudited financial results for the six months ended October 31, 2022. AMTD IDEA is a subsidiary of AMTD Group Inc. (“AMTD Group”) and AMTD Group is a Hong Kong-headquartered conglomerate focusing on the “IDEA” strategy to develop the four pillars of core businesses, namely international connectors and business services, digital solutions, education and training, and premium assets and hospitality.

Statement from the Board Members and Senior Management: Dr. Timothy Tong, chairman of the board of directors and independent director of AMTD Digital, commented, “The six-month period that ended on October 31, 2022 was filled with challenges arising from the COVID pandemic and geopolitical tensions around the world. Despite having to face such strong head-wind that was not conducive to business growth, AMTD Digital achieved a nearly 132% net profit growth as compared to the same period a year earlier and was successfully listed on the New York Stock Exchange on July 15, 2022.

Further, the management of AMTD Digital has positioned the company for further business growth through strategic investments into the digital entertainment and life style sectors, combining multi-media channels, intellectual properties and digital tools to provide VIP services to customers. I thank the management for working so diligently and am cautiously optimistic about the future prospect for strong performance by the company.”

Dr. Feridun Hamdullahpur, chairman of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and an independent director of AMTD Digital commented,”I

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