TORONTO, April 27, 2020 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, 2019, in accordance with International Financial Reporting Standards ("IFRS").
2019 | 2018 | |
Operating revenue | $11,980,773 | $14,829,631 |
Total operating expenses | 14,704,155 | 16,862,046 |
Loss before tax | (2,723,382) | (2,032,415) |
Income tax recovery | (394,205) | (530,702) |
Net loss for the year | $(2,329,177) | $(1,501,713) |
Basic and Diluted Loss per share | $(0.10) | $ (0.06) |
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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