Grupo Televisa SAB announced a significant 66% drop in net profit for its first quarter of 2025. The company's net profit fell to 319.8 million pesos, equivalent to approximately $15.63 million. This marks a substantial decline compared to the previous year.
The Mexico City-based media company reported a net income of $15.7 million for the quarter, resulting in a profit of 3 cents per share. Total revenue for the period was $732.8 million. The profit slide indicates ongoing challenges in its core operations.
This performance underscores the company's strategic transformation efforts, which are focused on recalibrating operations to prioritize profitability and efficiency. The results highlight the need for continued disciplined execution of cost-saving initiatives.
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