AMTD Digital Achieved a 55.3% Increase in Net Profit, 61.2% in Total Assets, 31.8% in Net Assets, and 36.6% in EPS

AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD), a comprehensive one-stop digital solutions platform headquartered in France, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended April 30, 2023 with the Securities and Exchange Commission on August 23, 2023, U.S. Eastern Time.

Overall, the Company reported a very strong and solid performance and delivered a 55.3% increase of net profit after tax from last year.

During the fiscal year ended April 30, 2023, AMTD Assets Group ("AMTD Assets"), one of the key subsidiaries of AMTD Group Inc. (“AMTD Group”) to operate the IDEA strategies, which holds a global portfolio of premium whole building properties, with a fair market value of approximately US$500 million, was acquired by the Company.

As of April 30, 2023, the total assets and net assets of the Company increased by 61.2% and 31.8%, respectively, compared to the last fiscal year-end.

Subsequent to April 30, 2023, the Company announced the establishment of AMTD World Media and Entertainment Group in Paris, France, alongside with AMTD Group and AMTD IDEA Group (“AMTD IDEA”) (NYSE: AMTD; SGX: HKB), to embark and focus on global strategies and developments of a multi-media, entertainment and cultures worldwide platform.

Dr. Timothy Tong, Chairman of the Board of Directors of the Company, commented, “AMTD Digital continued to grow in the past year with a YoY net profit increase of over 50%. We are confident in our expansion journey to focusing and committing to creating shareholders' values and developing our global strategies with a lot of emphasis on Europe and North American countries.”

Dr. Feridun Hamdullahpur, Chairman of Executive Management Committee and an independent director of the Company, commented, “The results are simply outstanding. This is a positive and strong signal to all stakeholders that AMTD Digital is committed to creating shareholders’ values and further establishing a leadership position in critical areas including media and culture. The management are confident to continue its strategic growth trajectory by following a plan based on fundamental values and principles. I extend my thanks and appreciation to the executive team for their dedication and commitment.”