ABS-CBN's total operating and other expenses dropped by P969 million or 9% year-on-year to P10.4 billion. This was partly a result of lower cost of sales and services and general and administrative expenses (GAEX) as the company continued its effort to manage and control expenses. The decline in both expense accounts more than made up for the increase in total production costs due to the Company’s drive to produce quality and innovative programs.
Capital expenditure and film and program rights acquisition for the first half of 2011 amounted to P2.1 billion, P542 million or 34% higher than the level of spending from previous year. Additional equipment was purchased to increase the company’s capacity to produce additional new programs.
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6 comments:
i agree cost cutting talaga... remember Mutya???,,pina end na yung series kasi malaki na yung gastos sa production...how sad...fan pa nman ako ni mutya....
pero isa ang abs-cbn 2 sa pinakamaayos mgpatakbo na company sa PILIPINAS....kaya nga nanalong BEST EMPLOYER AT BEST IN CORPORATE GOVERNANCE.....
ok lang ang cost cutting measures as long as di na-sa-sacrifice ang QUALITY... kahit saang kumpanya may cost-cutting measures na pinatutupad kailangang mag-save para magtagal ang buhay ng kumpanya
ok lang ang cost cutting measures as long as di na-sa-sacrifice ang QUALITY... kahit saang kumpanya may cost-cutting measures na pinatutupad kailangang mag-save para magtagal ang buhay ng kumpanya
Halata naman sa ABS-CBN na hanggang ngayong 2013 eh cost cutting sila..look at ASAP napaka liit ng stage bodega ba yun?kaya more on drama sila kase tipid nga naman. ANG LITTLE CHAMP tinapos na din kahit mataas sa kantar dahil cost cutting daw magastos!
ASB-CBN and kantar tandem walang credibility huh
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