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TV Azteca posts MXN 112 mln net profit in Q2

Friday 26 July 2019 | 12:34 CET | News
Mexican broadcaster and content producer TV Azteca reported an 18 percent year on year rise in EBITDA to MXN 353 million in the second quarter of the year, helped by a 32 percent cut in costs and expenses, despite earning 29 percent less revenue (MXN 2.77 billion) due to lower government demand for advertising space and the effects of last year's World Cup. The company's net profit came to MXN 112 million compared to a MXN 1.15 billion loss in the year-earlier quarter.

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Categories: Fixed
Companies: TV Azteca
Countries: Peru
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