Breaking

ABS-CBN Net Income Jumps 25% to P2.545 Billion in 2015

ABS-CBN Corporation, the country’s leading media and entertainment company, reported P2.545 billion in net income for 2015. The company’s revenues remained strong at P38.278 billion.

ABS Finance

“We are happy to report that we exceeded our revenue and net income targets for 2015,” said Aldrin Cerrado, the company’s chief financial officer. “Revenues from our TV and studio business grew by over 11% compared to the previous year.” EBITDA and net income margins for this segment improved to 25.9% and 13.9%, respectively.

“Our TV production group’s continued success in creating major hits such as ‘Pangako Sa ‘Yo,’ ‘On the Wings of Love,’ and ‘FPJ’s Ang Probinsyano’ generated significant advertising revenues,” said Cerrado.

“We received a further boost in revenues after we adopted a new pricing scheme in May of last year – from a fixed cost per spot, to a cost per individual rating point system,” he added.

ABS-CBN maintained its leadership in terms of national total day audience share, which jumped to 43% as of December 31, 2015, according to data from Kantar Media.

ABS-CBN’s total assets rose to P70.424 billion from P67.237 billion in the previous year, while its equity base rose to P28.715 billion from P26.875 billion in 2014.

Star Cinema released numerous hits such as “Crazy Beautiful You,” “The Love Affair,” and “A Second Chance,” which generated more than a billion pesos in ticket sales locally and internationally.

Ron Valdueza, ABS-CBN Group CFO, stated, “We are confident that our company will deliver even stronger results this year. Our digital TV initiative has done very well, recently breaching the 1 million mark in terms of sales of ABS-CBN TVplus boxes.”

“SkyCable increased its broadband subscriber count by over 40% and has maintained a healthy average revenue per user of about P1,100. It recently obtained a license to operate direct-to-home service, which will expand its reach around the country. Sky is expected to roll out its DTH service within the year,” added Valdueza.

According to Kantar Media, the ten most watched programs nationwide for 2015 for free-to-air television were all produced by ABS-CBN. The company intends to further boost its audience share once it improves the reception of channel 2 in the Mega Manila area and Central Luzon through the distribution of its TVplus boxes.

Kantar Media uses a nationwide panel size of 2,609 urban and rural homes that represent 100% of the total Philippine TV viewing population, while the other ratings data supplier AGB Nielsen reportedly has only 2,000 homes based solely in urban areas that represent only 57% of the Philippine TV viewing population.

ABS-CBN Corporation, the country’s leading media and entertainment company, reported P2.545 billion in net income for 2015. The company’s revenues remained strong at P38.278 billion.

“We are happy to report that we exceeded our revenue and net income targets for 2015,” said Aldrin Cerrado, the company’s chief financial officer. “Revenues from our TV and studio business grew by over 11% compared to the previous year.” EBITDA and net income margins for this segment improved to 25.9% and 13.9%, respectively.

“Our TV production group’s continued success in creating major hits such as ‘Pangako Sa ‘Yo,’ ‘On the Wings of Love,’ and ‘FPJ’s Ang Probinsyano’ generated significant advertising revenues,” said Cerrado.

“We received a further boost in revenues after we adopted a new pricing scheme in May of last year – from a fixed cost per spot, to a cost per individual rating point system,” he added.

ABS-CBN maintained its leadership in terms of national total day audience share, which jumped to 43% as of December 31, 2015, according to data from Kantar Media.

ABS-CBN’s total assets rose to P70.424 billion from P67.237 billion in the previous year, while its equity base rose to P28.715 billion from P26.875 billion in 2014.

Star Cinema released numerous hits such as “Crazy Beautiful You,” “The Love Affair,” and “A Second Chance,” which generated more than a billion pesos in ticket sales locally and internationally.

Ron Valdueza, ABS-CBN Group CFO, stated, “We are confident that our company will deliver even stronger results this year. Our digital TV initiative has done very well, recently breaching the 1 million mark in terms of sales of ABS-CBN TVplus boxes.”

“SkyCable increased its broadband subscriber count by over 40% and has maintained a healthy average revenue per user of about P1,100. It recently obtained a license to operate direct-to-home service, which will expand its reach around the country. Sky is expected to roll out its DTH service within the year,” added Valdueza.

According to Kantar Media, the ten most watched programs nationwide for 2015 for free-to-air television were all produced by ABS-CBN. The company intends to further boost its audience share once it improves the reception of channel 2 in the Mega Manila area and Central Luzon through the distribution of its TVplus boxes.

Kantar Media uses a nationwide panel size of 2,609 urban and rural homes that represent 100% of the total Philippine TV viewing population, while the other ratings data supplier AGB Nielsen reportedly has only 2,000 homes based solely in urban areas that represent only 57% of the Philippine TV viewing population.

Various brokerage firms, including Deutsche Regis, Credit Lyonnais, Maybank ATR Kim Eng and COL Financial have included ABS-CBN in their research coverage and are positive about the company’s future prospects.

14 Comments on ABS-CBN Net Income Jumps 25% to P2.545 Billion in 2015

  1. JaypaulJugadora // July 30, 2016 at 7:41 pm //

    Congrats.kapamilya Continue the good work ito ang gusto ko sa Abs-cbn hindi urada urada kailangan kumunsulta muna sa Mga bihasa .at hindi lng isa tao ang humahawak sa kumpanya kundi Teamwork.Im 15 years old solid kapamilya

  2. steelbardancer // March 27, 2016 at 9:59 am //

    Pero ang laki ng utang pababayad lang sa utang hahahaha

  3. Bakit mangunngutang ang gma Di naman sila nag eexpand

  4. HNDI pa naglabas ng kita ang gmew! Malamang hula hula Muna Ng kasinungalingan. TApos maglalabas ms Malaki KiniTa nila. I collateral nyo aldub tweets nyo Dahil laos na mga starlets nyo

  5. Anonymous // March 23, 2016 at 9:11 pm //

    Wara ung mukha mo ang fake. Tanga k na nga manhid pa. Tanggapin wag bitter

  6. kasinungalaingan…puro fake…

  7. BRIGGETS // March 23, 2016 at 9:29 am //

    Walang magpapautang na bangko sa gma7 kasi hindi pwede gawing colateral ang 58 million tweets ng ALDUB!..hahaha

  8. kamusta naman kita ng GMA???
    for sure ibabanat na naman nila utang ng dos..
    sa GMA kase walang nagpapautang kaso bulok na istasyon nila puro starlets at laos pa artista nila

    eeewwwww

  9. oh papa piolo..ang gwapito mong tlga…gus2 ko mag-apply sa’yo kh8 man lng tga punas ng pawis ng Matipuno mong hubad na katawan mo, habang ikaw ay nagwoworkout…

  10. Tàma nga share the blessings sa mga empleyado at sa Yolanda

  11. Wow dahil dyan kailangan magbigay sila sa mga empleyado nila ng performancw bonus or thank you bonus. O kaya mag donate sila sa mga nabiktima ng Yolanda o doon sa mga mahihirap na pamilya. Share the blessings ABS-CBN

  12. chocoleit gil Kapamilya No, 1 network // March 22, 2016 at 7:28 pm //

    CONGRATS KAPAMILYA WOW NA WOW 2.5 BILLION PLUS MAGKANO KAYA SA KAMUNING NETWORK WHEHEHHEHE LOSER NA NAMAN SILA SA NO. 1V NETWORK IN THE COUNTRY

  13. Congrats ABS CBN you did a good job!!!

  14. ChakaPUSO // March 22, 2016 at 3:09 pm //

    congrats KAPAMILYA

Leave a comment

Your email address will not be published.




%d bloggers like this: