PT Media Nusantara Citra Tbk (IDX: "MNCN" or the "Company") has generated Rp2,442 billion in revenue for Q1-2023, a 6% YoY decline compared to the same period last year. This outcome was due to a combination of aspects, the cyclical pattern in the advertising industry, where the first quarter is considered as the least robust period in a fiscal year, as well as the ongoing impact from the parti...

PT Media Nusantara Citra Tbk (IDX: “MNCN” or “the Company”) reported its 9M-2022 revenue of Rp7,335 billion, representing 4% increase YoY. MNCN still leads in terms of advertisement expenditure, recording 46.3% of total advertising expenditure on FTA TV during January-September 2022 and this was mainly supported by the Company’s stable operational performance and r...

PT Media Nusantara Citra Tbk (IDX: “MNCN” or “the Company”) recorded H1-2022 revenue of Rp5,274 billion, growing by 8% YoY. The increase in revenue has taken into account a one-off revenue from Euro Cup that aired during H1-2021, which provides a higher base for this year.

PT Media Nusantara Citra Tbk (IDX: “MNCN” or “the Company”) posted a revenue growth of 22% YoY to Rp2,605 billion in Q1-2022. Despite the cyclical nature of the advertising landscape where typically Q1 is usually the weakest quarter in the calendar year, MNCN managed to outperform this trend with revenue growth on a QoQ basis by 2% from Q4-2021.