ABS-CBN Corporation reported PHP17.7 billion consolidated revenues for the first half of 2015, bringing its net income to PHP1.2 billion, 20% higher compared to the same period last year. The company reported higher second quarter revenues of PHP9.3 billion, 11% higher than the revenues generated during the first quarter of this year. “Our performance during the first half was well within our expectations,” said Aldrin M. Cerrado, the company’s Chief Financial Officer. … [Read more...] about ABS-CBN reports revenues
Ron Valdueza
ABS-CBN on track to meet full-year revenue targets
ABS-CBN Corporation reported PHP16.4 billion consolidated revenues for the first half of 2014, bringing its net income to PHP995 million, around 44% higher compared to the same period last year after removing the effect of election-related ad spending. The company reported steady second quarter revenues of PHP8.2 billion – almost identical to the revenues generated during the first quarter of this year. “I am pleased with our overall performance for the first half of the year, and I … [Read more...] about ABS-CBN on track to meet full-year revenue targets
