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ABS-CBN halves net loss in Q1 2025 amid election boost and BINI success - LionhearTV
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ABS-CBN halves net loss in Q1 2025 amid election boost and BINI success - LionhearTV
ABS-CBN Corp. slashed its net loss by nearly half in the first quarter of 2025, riding on the strong performance of its primetime shows, a surge in election-related ad spending, and the global success of P-pop girl group BINI. In its latest financial disclosure, the Lopez-led media conglomerate reported a 49% reduction in net loss to ₱425.65 million, down from ₱841.54 million in the same period last year. Total consolidated revenue rose 4% to ₱4…
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