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Rabu, 02 Maret 2011

MNC eyeing Rp1.02 trio net income - Insider Stories

PT Media Nusantara Citra Tbk (MNC), parent of RCTI Television, is eyeing a 36% rise in net income this year to Rp1.02 trillion from Rp748 billion last year.
MNC Group CEO Hary Tanoesoedibjo said in line with the increase of bottom line, revenue is targeted to advance 21% to Rp6.1 trillion this year from Rp4.99 trillion last year.

MNC recorded a 94% jump in net income to Rp748 billion last year from Rp386 billion in the previous year as revenue rose.

The company posted a 27% growth in consolidated revenue to Rp4.99 trillion last year from Rp3.92 trillion in 2009. Solid advertising growth has led to the 32% growth in MNC’s advertising revenue as compared to last year’s results.
Revenue from content & value added services grew by 20%. EBITDA in 2010 surged 86% from Rp774 billion in 2009 to IDR1.44 trillion in 2010, resultimh a higher EBITDA
margin to 29% from 20%.

TV ads still dominates MNC’s consolidated revenue by contributing 69% of which RCTI contributed 63% of total revenue from TV ads followed by MNCTV of 22% and Global TV of 15%.

From consolidated EBITDA point of view, TV ads also remains as the main contributor at 83% of which RCTI contributes 76% of EBITDA from total TV ads, 14% from MNC TV and 10% from Global TV.

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