Philippines

Philippines' network giant Q1 profits up by 500%
Profits of Philippines' network giant ABS-CBN Broadcasting Corp. jumped by more than 500 percent from January to March because of higher revenues brought by election campaign-related advertisements. As of end-March, the company's income reached 1.09 billion (24. 2 million U.S. dollars) or 5.7 times higher than year ago levels, while consolidated revenues surged by almost half to 7.75 billion ...

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