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Mexico’s Televisa posts Q4 net loss of 13.75 billion pesos



© Reuters. FILE PHOTO: The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, December 14, 2022. REUTERS/Raquel Cunha

MEXICO CITY (Reuters) – Grupo Televisa, Mexico’s largest broadcaster, reported on Thursday a net loss in the fourth quarter of 13.75 billion pesos.

This is compared to a net profit of 3.7 billion pesos in the year earlier period.

The company’s revenue increased 1.6% from the year-earlier period to 19.13 billion pesos.

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