ATN Announces its Audited Financial Results for the 12 Months Ended December 31, 2018
April 30 2019 - 5:33PM
PR Newswire (Canada)
TORONTO, April 30, 2019 /CNW/ - Asian Television
Network International Limited (ATN) Toronto Stock Exchange
Venture (TSXV-SAT) Canada's Pioneer South Asian
Broadcaster has released its audited consolidated financial and
operating results for the 12 months ended December 31, 2018, in accordance with
International Financial Reporting Standards ("IFRS").
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2018
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2017
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Operating
revenue
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$14,829,631
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$20,095,583
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Total operating
expenses
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16,862,046
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20,315,260
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Loss before
tax
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(2,032,415)
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(219,677)
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Income tax
recovery
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(530,702)
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(55,648)
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Net loss for the
year
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$(1,501,713)
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$(164,029)
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Basic and Diluted
Loss per share
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$(0.06)
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$(0.01)
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For details please refer to the MD&A and the Complete
Financial Statements filed with Sedar.
We are a Canadian media company. ATN serves Canada's diverse cultural communities with
over 50 premium specialty television channels. We are publicly
traded on the Toronto Stock Exchange Venture (TSXV-SAT). For more
information please visit www.asiantelevision.com
We seek safe harbor.
SOURCE Asian Television Network International Limited
Copyright 2019 Canada NewsWire
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