GMA Network Inc. reported a significant increase in net income, soaring to P2.0 billion in the first half of the year from P602 million in the same period last year.
This surge in profit was primarily driven by robust advertising revenue, including substantial placements related to the May midterm elections.
Consolidated revenues for the company climbed to P10.1 billion, up from P7.8 billion year-on-year, with advertising revenue alone reaching P9.3 billion.
Despite a 6 percent increase in operating expenses to P7.6 billion, the strong revenue performance boosted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 91 percent to P3.8 billion.
GMA Network attributed its financial success to its continued nationwide ratings leadership, as indicated by Nielsen TV Audience Measurement.
The public affairs program "Kapuso Mo, Jessica Soho" was the most-watched program in Urban Philippines during the second quarter.
GMA Integrated News also dominated viewership both on-air and online with its election coverage, "Eleksyon 2025: The GMA Integrated News Coverage."
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