Tuesday, November 15, 2011

ABS-CBN is now the Most Profitable TV Network in The Philippines




ABS-CBN  is now the Most Profitable TV Network in the country after it earned a 2.24 Billion Pesos for last 9 months of this year. It bested its rival GMA Network which only earned a 1.58 Billion Pesos for the same period. 

ABS-CBN's 9-mo. net profit slips 23% to P2.24B. (read article here) while, GMA Network nine-month income fell 30% to P1.58 Billion compare to last year. (read GMA's article here)

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3 comments:

  1. YAN ANG PROFIT NG DOUBLE NO.1 NETWORK...PALUGE!

    ReplyDelete
  2. THE POST IS DECEIVING... 2.24 BILLION less 825Million (sky cable shares sold) = 1.415 billion vs. GMA 1.58 billion.. GMA ZERO long term debt or any interest-bearing loans versus ABS 12.6 billion interest bearing loans. ABS ang palugi. ANONG MOST PROFITABLE???? IN YOUR DREAMS hahaha.

    ReplyDelete
  3. No it's not... Sinama ng ABS-CBN ang 825 Million from Skycable shares sold sa kanilang QUARTER INCOME. Ibig sabihin they considered that SOLD na parte ng kinita ng ABS-CBN...So, who am I para hindi isama ito? After all, wala akong nakikitang dahilan para isama ito.

    Just to remind you, this post is about the REPORTED QUARTERLY INCOME ng BOTH NETWORKS ayon mismo yan sa Press Release ng Parehong TV Network. At wala itong kinalaman sa UTANG ng ABS-CBN.

    Kaya kung hindi ka naniniwala sa POST na ito.. then be it, After all, wala namang akong karapatan para ipilit na paniwalaan ito.

    ReplyDelete

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