GMA Network’s profit down 42% as ad revenue falls
GMA Network, Inc. saw a decrease in its attributable net income to P3.16 billion last year, mainly due to lower advertising revenue. The company’s net income attributable to parent fell by 42.1% to P3.16 billion last year from P5.46 billion in 2022, the company’s financial statement showed. The network’s revenues stood at P18.64 billion, 13.5% […]
Tomas Kauer - News Moderator 
GMA Network, Inc. saw a decrease in its attributable net income to P3.16 billion last year, mainly due to lower advertising revenue. The company’s net income attributable to parent fell by 42.1% to P3.16 billion last year from P5.46 billion in 2022, the company’s financial statement showed. The network’s revenues stood at P18.64 billion, 13.5% […]
