One Caribbean Media Limited announced audited earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported revenue of TTD 104,458,000 compared to TTD 114,694,000 a year ago. Loss for the year was TTD 6,175,000 compared to profit of TTD 13,485,000 a year ago. Loss per share inclusive of ESOP shares was TTD 0.07 compared to profit of TTD 0.19 a year ago.

For the year, the company reported revenue of TTD 393,769,000 compared to TTD 442,177,000 a year ago. Profit for the year was TTD 20,238,000 compared to TTD 52,446,000 a year ago. Earnings per share inclusive of ESOP shares was TTD 0.28 compared to TTD 0.69 a year ago. Operating profit was TTD 52,077,000 compared to TTD 81,007,000 a year ago. Basic earnings per share was TTD 0.31 compared to TTD 0.76 a year ago. Fully diluted earnings per share wereTTD 0.30 compared to TTD 0.73 a year ago.

For the quarter, the company reported net impairment losses on financial assets of TTD 5,392,000 compared to TTD 1,822,000 a year ago. Impairment losses on other assets was TTD 11,895,000 compared to TTD 7,000 year ago.