ATN announces another record year end



    NEWMARKET, ON, March 26 /CNW/ - Asian Television Network International
Limited (ATN)(The Company)(TSX-SAT), today announced financial results for the
year ended December 31, 2006. The Company had a record year Revenue of
$11,054,639, a 52.1% increase over 2005. Net earnings before income tax in
2006 were also record breaking at $2,496,154 and exceeding 2005 by 70.8%. This
was also our fourth consecutive year of positive net earnings. In addition,
EBITDA for December 31 2006 was $3,361,276, (EPS 14.0 cents) as compared to
December 31, 2005 of $2,019,912, (EPS 8.5 cents) a 66.4% outstanding increase.

    
    FINANCIAL HIGHLIGHTS
                                                For the year-end December 31
                                                  2006                  2005
                                          -----------------------------------
    Revenue                                $11,054,639            $7,269,400
    EBITDA                                  $3,361,276            $2,019,912
    Earnings per share                           $0.14                 $0.08
    Net earnings before taxes               $2,496,154            $1,460,995
    

    ATN is Canada's largest South Asian broadcaster. The Company operates a
total of fourteen licensed television channels, including the just launched
English language sports channel. The majority of the channels are dedicated to
multi-cultural television programming. These include two general interest
entertainment channels, two movie channels, five regional language channels,
an English language news channel, a sports channel and a music channel. Thus
the company carries a variety of genres. The Company's operations reach beyond
the niche market, as it is one of the largest distributors of world-class
cricket on television in Canada, including the 2007 ICC Cricket World Cup.

    We rely on safe harbour provision
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the accuracy or the adequacy of this release.





For further information:

For further information: B. Fulton, CA, CHIEF FINANCIAL OFFICER, Asian
Television Network International Limited, Newmarket, Ontario, Canada, (905)
836-6460


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890