Total Play 4Q Net Loss MXN1.02B, -134% From Year Ago

Billionaire Ricardo Salinas’ cable and internet provider Total Play reported a net loss in the fourth quarter of MXN1.02b, -134% from the same period a year ago, when reported a net loss of MXN438m.

• Total Play 4Q service revenue MXN10.67b, +10% y/y, the company said in an e-mailed statement
• Total Play 4Q operating income MXN605m, -19% y/y
• Total Play 4Q Ebitda MXN4.74b, +8% y/y
• Total costs and expenses were MXN5.94b, compared to MXN5.36b the previous year
• The company’s revenue grew 10%, as a result of a 7% increase in sales in the residential segment, and a 29% increase in ...