Visi Media Asia Tbk 2020 AR2
The report highlights PT Visi Media Asia Tbk's (VIVA) strategies and performance during the challenging year of 2020, marked by the COVID-19 pandemic. Despite a 13.6% decline in consolidated revenue to IDR 1,830.5 billion, the company achieved a 176.7% increase in EBITDA to IDR 167.9 billion through operational efficiency. VIVA's television stations, ANTV and tvOne, maintained their leading positions in entertainment and news/sports broadcasting, respectively, while its digital business, VIVA Networks, experienced rapid growth with a 25% revenue increase. The company also implemented strict health protocols to protect its workforce and conducted various CSR initiatives focused on disaster relief, healthcare support, and community welfare.
Company: Visi Media Asia Tbk
Sector: Media & publishing
Country: Indonesia
Year: 2020
Type: AR2
Pages: 231
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Visi Media Asia Tbk
Annual Report
The report highlights PT Visi Media Asia Tbk's (VIVA) strategies and performance during the challenging year of 2020, marked by the COVID-19 pandemic. Despite a 13.6% decline in consolidated revenue to IDR 1,830.5 billion, the company achieved a 176.7% increase in EBITDA to IDR 167.9 billion through operational efficiency. VIVA's television stations, ANTV and tvOne, maintained their leading positions in entertainment and news/sports broadcasting, respectively, while its digital business, VIVA Networks, experienced rapid growth with a 25% revenue increase. The company also implemented strict health protocols to protect its workforce and conducted various CSR initiatives focused on disaster relief, healthcare support, and community welfare.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees