GMA Network H1 profit soars 89% to P1.09B

GMA Network Inc. (GMA) reported a net income of P1.09 billion for the first half of 2015, up 89 percent from the P582 million recorded in the same period of last year.

“In the first semester alone, we have not only breached the one billion-peso mark in terms of net income but have also exceeded last year’s full year bottom-line performance by at least P89 million,” GMA chairman and chief executive officer Felipe Gozon said.