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Canada NewsWire
TORONTO , Aug. 26, 2021 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its second quarter 2021 consolidated financial and operating results for the three and six months ended June 30, 2021 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three and six months ended June 30, 2021 and June 30, 2020 .
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Three months ended June 30, |
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Six months ended June 30, |
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2021 |
2020 |
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2021 |
2020 |
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Operating revenue |
$2,546,656 |
$2,223,981 |
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$4,880,314 |
$4,669,119 |
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Total operating expenses |
2,714,259 |
2,530,787 |
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5,385,393 |
5,653,470 |
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Income (Loss) before tax |
(167,603) |
(306,806) |
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(505,079) |
(984,351) |
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Income tax recovery |
- |
- |
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- |
- |
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Net income (loss) for the year |
(167,603) |
(306,806) |
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(505,079) |
(984,351) |
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Basic and Diluted Loss per share |
$(0.01) |
$(0.01) |
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$(0.02) |
$(0.04) |
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EBITDA |
$359,199 |
$161,704 |
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$120,799 |
$51,507 |
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
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