ABS-CBN trims Q1 losses by 18%

MANILA, Philippines — ABS-CBN Corp. trimmed its losses by 18 percent in the first quarter after cutting expenses and registering a windfall from the sale of assets. The Lopez-led media giant, in its recent financial report, disclosed that its net losses went down to P994 million from January to March 2024 from P1.21 billion in
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