Mexican media company Televisa reported on Thursday net losses of 10,611.6 million Mexican pesos (approximately 620 million dollars) for the entirety of 2023, following net profits of 45,283.9 million pesos (1,646.6 million dollars), as reported by the Spanish news agency EFE.
The corporate report showed a reduction in year-on-year losses only in the fourth quarter. Comparing the period from October to December, Televisa recorded a net loss of 9,022 million pesos (approximately 523 million dollars) in 2023, compared to the negative balance of 12,165 million pesos in the same period of 2022 (710,9 million dollars).
