Gma Network, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:05 pm EDT
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GMA Network, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was PHP 5,140.764 million compared to PHP 3,219.696 million a year ago. Net income was PHP 1,637.125 million compared to PHP 826.364 million a year ago. Basic earnings per share from continuing operations was PHP 0.337 compared to PHP 0.17 a year ago. For the half year, sales was PHP 10,598.079 million compared to PHP 6,751.684 million a year ago. Net income was PHP 3,635.279 million compared to PHP 1,401.039 million a year ago. Basic earnings per share from continuing operations was PHP 0.748 compared to PHP 0.288 a year ago.
GMA Network, Inc. is a Philippines-based media broadcasting company primarily involved in the business of radio and television broadcasting. The Company is also involved in film production and other information and entertainment-related businesses. Its segments include Television and Radio, International Subscription and Other businesses. The Television and Radio segment is engaged in television and radio broadcasting activities. The International Subscription segment is engaged in subscription arrangements with international cable companies. Its Other businesses segment includes movie production, consumer products and other services. Its subsidiaries include Alta Productions Group, Inc. (Alta), which operates pre and post-production services; GMA Network Films, Inc, which is engaged in film production; GMA New Media, Inc., which is engaged in converging technology, and RGMA Marketing and Productions, Inc., which is engaged in music recording, publishing and video distribution.
GMA NETWORK, INC. 
