TV Azteca’s net income registered 162 million pesos compared to the 283 million pesos obtained in the same quarter of the previous year, which implies a drop of 43%.
The decrease in the company’s profit is due to increases in the costs and total expenses of production, programming and transmission.
The operating flow (EBITDA, for its acronym in English) amounted to 672 million pesos, 3% more than the 654 million pesos reported in the same period of the previous year.
The result is associated with an exchange rate loss of 54 million pesos, compared to a gain of 222 million pesos a year ago.