AMTD Digital reported financial results for the six-month transition period ended October 31, 2023, with net profit increasing to $30.8 million from $10.7 million in the same period last year. While total revenue decreased to $8.7 million from $13.9 million, the company saw significant growth in its hotel operations segment which contributed $6.9 million in revenue.The company's digital solutions services segment revenue declined to $1.8 million, as it focused on generating long-term value from acquired intellectual property. Other income increased by 85.2% to $9.0 million, driven by higher interest income from bank deposits and outstanding balance from its controlling shareholder. The company maintained a strong balance sheet with $134.8 million in cash and cash equivalents.During the period, AMTD Digital continued its strategic expansion in the hospitality sector following its acquisition of AMTD Assets in February 2023. The company also completed the disposal of certain digital solutions subsidiaries, resulting in a gain of $14.7 million. Management remains focused on deepening client relationships through cross-selling solutions while navigating global macroeconomic challenges.

AMTD Digital reported financial results for the six-month transition period ended October 31, 2023, with net profit increasing to $30.8 million from $10.7 million in the same period last year. While total revenue decreased to $8.7 million from $13.9 million, the company saw significant growth in its hotel operations segment which contributed $6.9 million in revenue.The company's digital solutions services segment revenue declined to $1.8 million, as it focused on generating long-term value from acquired intellectual property. Other income increased by 85.2% to $9.0 million, driven by higher interest income from bank deposits and outstanding balance from its controlling shareholder. The company maintained a strong balance sheet with $134.8 million in cash and cash equivalents.During the period, AMTD Digital continued its strategic expansion in the hospitality sector following its acquisition of AMTD Assets in February 2023. The company also completed the disposal of certain digital solutions subsidiaries, resulting in a gain of $14.7 million. Management remains focused on deepening client relationships through cross-selling solutions while navigating global macroeconomic challenges.