MNC's Net Profit Shows Slight Growth in the First Half of 2022

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Reza Pahlevi 01/09/2022 15:00 WIB

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The MNC recorded revenue of Rp4.76 trillion with a net profit of Rp1.2 trillion.

Media Nusantara Citra (MNC) Revenue and Net Profit (Semester I, 2021 vs 2022)

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MNC's Net Profit Shows Slight Growth in the First Half of 2022

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Media Nusantara Citra (MNC) Revenue and Net Profit (Semester I, 2021 vs 2022)

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Media issuer PT Media Nusantara Citra Tbk (MNC) recorded revenue of Rp5.27 trillion in the first half of 2022. This revenue increased by 8% year-on-year (YoY) from Rp4.86 trillion in the same period last year.

Advertising revenue contributed the most, reaching Rp4.76 trillion. The proportion of digital advertising revenue increased compared to the same period last year.

The company's direct expenses increased by 14% (YoY) to Rp2.1 trillion. This increase in expenses was due to the production of original content to boost the Vision+ platform.

The increase in expenses resulted in a slight net profit growth of 0.8% (YoY) to Rp1.2 trillion. MNC recorded a net profit of Rp1.19 trillion in the same period last year.

Based on Nielsen data, MNC still leads the Indonesian television market share at 44.3% for prime time and 40.8% for all-time. Four of MNC's soap operas were the highest-rated.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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MNC's Net Profit Shows Slight Growth in the First Half of 2022

MNC's Net Profit Shows Slight Growth in the First Half of 2022

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MNC's Net Profit Shows Slight Growth in the First Half of 2022

MNC's Net Profit Shows Slight Growth in the First Half of 2022

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