Asian Television Network International Limited Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 30, 2018 at 02:37 am IST
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Asian Television Network International Limited announced consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported operating revenue of $3,765,733 against $5,142,875 a year ago. Loss before taxes was $368,969 against income of $70,548 a year ago. Net loss for the period was $242,657 or $0.01 per basic and diluted share against $23,214 or $0.00 per basic and diluted share a year ago.
For the nine months, the company reported operating revenue of $11,934,226 against $15,538,174 a year ago. Loss before taxes was $1,269,278 against income of $56,961 a year ago. Net loss for the period was $924,950 or $0.04 per basic and diluted share against $52,472 or $0.00 per basic and diluted share a year ago.
Asian Television Network International Limited (ATN) is a Canada-based media company. Its activities consist of providing specialty, pay television broadcasting and television broadcasting advertising in the South Asian community in Canada. The Company offers its ATN-HD general interest service, five Bollywood movie channels and a variety of channels that include three sports Channels, seven news Channels, six music Channels, four lifestyle Channels, three Chinese Channels, seven Punjabi channels, and several regional language channels. ATN operates a South Asian Radio Service on Satellite Radio across the United States and Canada. It has programming alliances with international broadcasters, namely Star Network (News Corp), Sony Entertainment Television, Viacom, Times Television Network, B4U Network and NDTV. ATN channels are available on various Cable, Satellite and IPTV Platforms across Canada, such as Shaw Cable, Bell TV, Rogers Cable, Bell Fibe TV, TELUS Optic TV and Cogeco Cable.
ASIAN TELEVISION NETWORK INTERNATIONAL LIMITED 