26 May 2009

Fiji TV Group reports a loss of nearly 200-thousand US dollars

11:27 am on 26 May 2009

Fiji TV Group has reported a loss of nearly 200-thousand US dollars for the six months of its financial year ending December 31, 2008.

The company made the announcement at the South Pacific Stock Exchange, revealing that the group's revenue had declined by 6.14 per cent compared to the same period in 2007.

The Fiji Times reports for the Fiji-based companies, Fiji TV's advertising revenue dropped by eight per cent, a 13 per cent decline was recorded in pay TV subscription.