Emedia Holdings Limited Announces Consolidated Earnings Results for the Full Year Ended March 31, 2018
May 23, 2018 at 11:15 am
Share
eMedia Holdings Limited announced consolidated earnings results for the full year ended March 31, 2018. For the full year, the company announced revenue was ZAR 2,196,250,000 compared to ZAR 2,303,112,000 for the same period a year ago. Earnings before interest, taxation, depreciation and amortization were ZAR 178,159,000 compared to ZAR 404,876,000 for the same period a year ago. Operating loss was ZAR 1,538,611,000 compared to operating profit of ZAR 242,231,000 for the same period a year ago. Loss before taxation was ZAR 1,570,560,000 compared to profit before taxation of ZAR 191,915,000 for the same period a year ago. Loss for the year from continuing operations was ZAR 1,599,426,000 compared to profit for the year from continuing operations of ZAR 112,263,000 for the same period a year ago. Loss attributable to owners of the company was ZAR 1,578,773,000 or 355.20 cents per basic share compared to profit attributable to owners of the company of ZAR 104,760,000 or 23.53 cents per basic share for the same period a year ago. Net cash inflow from operating activities was ZAR 20,966,000 compared to ZAR 269,096,000 for the same period a year ago. Acquisition of property, plant and equipment was ZAR 56,962,000 compared to ZAR 78,103,000 for the same period a year ago. Acquisition of plant and equipment was ZAR 54,449,000 compared to ZAR 69,922,000 for the same period a year ago. Additions to intangible assets were ZAR 22,376,000 compared to ZAR 10,073,000 for the same period a year ago. Headline loss was ZAR 12,477,000 or 2.81 cents per share compared to headline earnings of ZAR 98,039,000 or 22.01 cents per share for the same period a year ago.
eMedia Holdings Limited is a media company. The Company has an interest in a range of television and radio broadcasting sector, with additional assets in the content, properties, and facilities sectors. It operates through the media segment. The Companyâs broadcasting includes e.tv, is private commercial free-to-air television channel; eNCA, which supplies television, mobile and online news to various channels; Platco Digital operates Openview, a free-to-air satellite television platform. Openview also recently added The Home Channel+. In addition to 20 channels on offer, the platform also hosts 28 radio channels, and eVOD, a video and demand platform allowing to watch shows and movies on any device, at any time. The Company also provides property and facilities services, provide solutions for media companies. The Company's subsidiaries include HCI Invest 3 Holdco, Proprietary Limited, eMedia Investments, Proprietary Limited, and others.