Contents

• Vision, Mission and Values
• Senior Management
• Chapter 1 Message from the Director-General
• Chapter 2 Development of the Broadcasting Industry
• Chapter 3 Meeting the New Challenges of the Telecommunications Market
• Chapter 4 Facilitating Market Competition and Strengthening Consumer Protection
• Chapter 5 Working with the Community and International Organisations
• Chapter 6 Committed to Human Resource Excellence
• Chapter 7 Financial Results
  • Financial Results 2024/25
  • Report of the Director of Audit
  • Statement of Comprehensive Income
  • Statement of Financial Position
  • Statement of Changes in Equity
  • Statement of Cash Flows
  • Notes to the Financial Statements
• Chapter 8 Appendices
  • Appendix A Organisation Chart
  • Appendix B Membership of Advisory Committees
  • Appendix C Performance Pledge
  • Appendix D Licences Issued and Renewed

For the period from 1 April 2024 to 31 March 2025
Submitted pursuant to Section 8 of the Trading Funds Ordinance (Cap. 430)

• Statistics in this report, including those in the financial statements, mainly cover the period from 1 April 2024 to 31 March 2025. Some of the statistics have been updated to September 2025, where appropriate, to reflect the updated situation.