TV and broadcast giant GMA Network Inc. (GMA) generated a net income of P2.1 billion in 2015, a 111 percent surge from the previous year.
The network’s strong performance was driven by revenue-generating advertisements during the year, hitting P12.4 billion, which outplayed 2014’s record by 16 percent. GMA noted that if revenue from political advertisements were taken out of the equation ad revenue growth was still a solid 12 percent.
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