ATN Reports a Net Profit of 3.8 Millon on Revenues of 20.7 Million for Nine Months

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[{"type":"text","content":"\n\n\n\n\n\nTORONTO, Nov. 2, 2011 /CNW/ -  Asian Television Network International Limited (ATN) (TSX-SAT) Canada's Pioneer South Asian Broadcaster is pleased to announce its\n unaudited interim consolidated financial and operating results for the\n three months and nine months ended September 30, 2011, in accordance\n with International Financial Reporting Standards (\"IFRS\").\n\n\nFinancial highlights are as follows:\n\nThree months ended September 30,\n(Unaudited)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n2011\n\n\n \n\n\n \n\n\n \n\n\n2010\n\n\n \n\n\n \n\n\n \n\n\n% Change\n\n\nOperating revenue\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n$6,399,112\n\n\n \n\n\n \n\n\n \n\n\n$5,252,167\n\n\n \n\n\n \n\n\n \n\n\n+22%\n\n\nOperating expenses\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n4,985,347\n\n\n \n\n\n \n\n\n \n\n\n4,885,602\n\n\n \n\n\n \n\n\n \n\n\n+2%\n\n\nIncome before taxes\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n1,410,959\n\n\n \n\n\n \n\n\n \n\n\n304,763\n\n\n \n\n\n \n\n\n \n\n\n+363%\n\n\nNet income for period\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n950,625\n\n\n \n\n\n \n\n\n \n\n\n190,236\n\n\n \n\n\n \n\n\n \n\n\n+400%\n\n\nEBITDA\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n1,460,643\n\n\n \n\n\n \n\n\n \n\n\n410,965\n\n\n \n\n\n \n\n\n \n\n\n+255%\n\n\nEBITDA earnings per share\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n.06 \n\n \n\n\n \n\n\n \n\n\n.02\n\n\n \n\n\n \n\n\n \n\n\n+255%\n\n\nNet Earnings per share\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n.04 \n\n \n\n\n \n\n\n \n\n\n.01\n\n\n \n\n\n \n\n\n \n\n\n+400%\n\n\nTotal assets\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n12,382,997\n\n\n \n\n\n \n\n\n \n\n\n6,797,950\n\n\n \n\n\n \n\n\n \n\n\n+56%\n\n\nCash flows from operations\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n$1,468,205\n\n\n \n\n\n \n\n\n \n\n\n$   40,226\n\n\n \n\n\n \n\n\n \n\n\n+3550%\n\n\n\n\n\nNine months ended September 30,(Unaudited) \n\n\n \n\n\n \n\n\n \n...

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