Canada NewsWire
TORONTO, April 30, 2019
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
View original content: http://www.newswire.ca/en/releases/archive/April2019/30/c0741.html
K. Classen, CFO, Asian Television Network International Limited, Markham, Ontario L3R 8E4, 905-948-8199Copyright CNW Group 2019