JAKARTA - The revenue of PT Intermedia Capital Tbk (MDIA), manager of ANTV, fell by 28.90% from Rp 1.06 trillion recorded in the first half of 2018 to Rp 756.39 billion.
Based on the company's financial statements, the lower revenue was caused by the non-advertisement segment which did not contribute any revenue.
This condition also had an impact on the company's operating profit, which was recorded at Rp 28.29 billion, much lower than the record last year of Rp 232.22 billion. The company's net profit also fell from Rp 225.49 billion to Rp 27.81 billion. (LK/AR)