Grupo Media Capital, SGPS, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
July 21, 2021 at 03:13 pm EDT
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Grupo Media Capital, SGPS, S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was EUR 72.791 million compared to EUR 55.301 million a year ago. Operating loss was EUR 9.253 million compared to EUR 15.904 million a year ago. Net loss was EUR 8.498 million compared to EUR 14.412 million a year ago. Basic loss per share from continuing operations was EUR 0.1006 compared to EUR 0.1705 a year ago.
Grupo Média Capital, SGPS, S.A. is one the leading Portuguese media groups. Net sales (excluding businesses in the process of being sold) break down by activity as follows:
- operation of a TV channel (56.5%): operation of the general-interest TVI channel;
- production of televised programs (16.7%; NBP; No. 1 in Portugal): series, soap operas and movies;
- other (26.8%): operation of Internet portals, publishing of music CDs and DVDs, event organization, distribution of films in theaters, DVD distribution, sales of audiovisual rights, etc.
Net sales (excluding businesses in the process of being sold) break down by source of income between sales of advertising space (53.9%), and other (46.1%).