ABS-CBN 2007 profit up 71% at P1.27B

MANILA, Philippines- Profit at ABS-CBN Broadcasting Network rose 71 percent to P1.27 billion in 2007, the company said in a statement.

The network, which is part of the Lopez group of companies, said its earnings before interest, taxes, depreciation, and amortization exceeded P 4 billion in 2007.

“This was achieved despite another year of a downturn in the TV advertising industry manifested in lower TV advertising minutes,” the firm said.

GMANews.TV

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2 Comments »

  1. 1
    isson Says:

    O MGA KNGUSOOHHH ANO NA NAMAN ANG MASASABI NYO DYAN ABS CBN AY TALAGANG TRULY NO. 1 PA RIN DIBA AGREE,,,,,,71% ANG PROFIT NILA IM SURE INSECURE NA NAMAN ANG GMA7 AT AGB NIELSEN YAN. HAHAHAHAHA CONGRATULATION ABS CBN THE NO. 1 AND BEST STATION AWARD. SORRY GMA7.

  2. 2
    isson Says:

    CONGRATS ABS CBN


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