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Viva Media records comprehensive loss of Rp 455.33 billion

05 November 2018 01:09 PM  Company: PT. Visi Media Asia Tbk[VIVA]
Rp. 166  +15 (9.93%)

JAKARTA - PT Visi Media Asia Tbk (VIVA) recorded a comprehensive loss of Rp 455.33 billion in the third quarter of 2018, down from Rp 22.81 billion in comprehensive profit in the same period of 2017, while the company recorded stable sales revenue this year .

Based on the company's financial statements, Viva recorded sales revenue from advertisements of Rp 1.95 trillion and non-advertising revenues of Rp 5.29 billion. This sales revenue slightly increased compared to the same period last year, whose revenue from advertising amounted to Rp 1.93 trillion and non-advertising revenue of Rp 2.86 billion.

Customers who bought more than 10% of revenue were PT Wira Pamungkas Pariwara in the amount of Rp 392.46 billion and others in the amount of Rp 1.56 trillion in the third quarter 2018. In the same period in 2017, the contribution of PT Wira Pamungkas Pariwara was Rp 274.36 billion and the other is Rp. 1.66 trillion.

Operating profit was recorded at Rp. 201.29 billion, down from R. 498.18 billion. Net loss of Rp 480.08 billion decreased from Rp 69.05 billion in net loss in the same period of 2017. (LK)