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ATN Announces its Audited Financial Results for the 12 Months Ended December 31, 2018


News provided by

Asian Television Network International Limited

Apr 30, 2019, 18:33 ET

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TORONTO, April 30, 2019 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV-SAT) Canada's Pioneer South Asian Broadcaster has released its audited consolidated financial and operating results for the 12 months ended December 31, 2018, in accordance with International Financial Reporting Standards ("IFRS").






2018

2017

Operating revenue





$14,829,631

$20,095,583















Total operating expenses





16,862,046

20,315,260

Loss before tax





(2,032,415)

(219,677)

Income tax recovery





(530,702)

(55,648)








Net loss for the year





$(1,501,713)

$(164,029)

Basic and Diluted Loss per share





$(0.06)

$(0.01)

For details please refer to the MD&A and the Complete Financial Statements filed with Sedar.

We are a Canadian media company. ATN serves Canada's diverse cultural communities with over 50 premium specialty television channels. We are publicly traded on the Toronto Stock Exchange Venture (TSXV-SAT). For more information please visit www.asiantelevision.com

We seek safe harbor.

SOURCE Asian Television Network International Limited

For further information: K. Classen, CFO, Asian Television Network International Limited, Markham, Ontario L3R 8E4, 905-948-8199

Related Links

http://www.asiantelevision.com

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Organization Profile

Asian Television Network International Limited

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