GMA income falls 21% to P1.23B

By Lisbet K. Esmael

Aug 15, 2018 12:16 am

Broadcast giant GMA Network said Tuesday that first-half net income fell 21 percent to P1.23 billion from P1.55 billion a year earlier due to weaker airtime-advertising revenue.

In its quarterly report, GMA said revenues were down 6 percent at P7.24 billion from last year’s P7.7 billion.

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