TORONTO, May 27, 2022
/CNW/ - Asian Television Network International Limited (ATN)
Toronto Stock Exchange Venture (TSXV: SAT) Canada's
pioneer South Asian broadcaster announces its first quarter 2022
consolidated financial and operating results for the three months
ended March 31, 2022, in accordance
with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three months ended March 31, 2022
and March 31, 2021.
|
Three months ended
March 31,
|
|
2022
|
|
2021
|
|
Operating
revenue
|
$
2,040,683
|
|
$
2,333,658
|
|
Total operating
expenses
|
2,332,379
|
|
2,671,135
|
|
Net loss for the
year
|
(291,696)
|
|
$
(337,477)
|
|
Basic and Diluted
Loss per share
|
$
(0.01)
|
|
$
(0.01)
|
The EBITDA for the 3 months ended March
31, 2022 was $37,718.
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
