Grupo Media Capital, SGPS, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
August 12, 2022 at 06:42 am EDT
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Grupo Media Capital, SGPS, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported revenue was EUR 123.88 million compared to EUR 72.79 million a year ago. Net income was EUR 40.76 million compared to net loss of EUR 8.5 million a year ago. Basic earnings per share from continuing operations was EUR 0.4823 compared to basic loss per share from continuing operations of EUR 0.1006 a year ago. Diluted earnings per share from continuing operations was EUR 0.4823 compared to diluted loss per share from continuing operations of EUR 0.1006 a year ago.
Grupo Média Capital, SGPS, S.A. is one the leading Portuguese media groups. Net sales (excluding businesses in the process of being sold) break down by activity as follows:
- operation of a TV channel (56.5%): operation of the general-interest TVI channel;
- production of televised programs (16.7%; NBP; No. 1 in Portugal): series, soap operas and movies;
- other (26.8%): operation of Internet portals, publishing of music CDs and DVDs, event organization, distribution of films in theaters, DVD distribution, sales of audiovisual rights, etc.
Net sales (excluding businesses in the process of being sold) break down by source of income between sales of advertising space (53.9%), and other (46.1%).