ABS-CBN Q2 loss more than triples to P897 million

ABS-CBN CORP.’s attributable net loss more than tripled in the second quarter (Q2), widening by 209.7% to P897.19 million from P289.74 million a year earlier as revenue declined and general and administrative expenses increased. Revenue for the three months ended June fell by 12.3% to P3.55 billion from P4.04 billion, according to the company’s quarterly […]