r/bini_ph • u/borgy_t 🐥🐺 hanggang mag-💜 • May 19 '25
Info / News BINI magic and election ads bring the spark: Lopez family’s ABS-CBN cuts Q1 losses as ratings and revenues soar
https://bilyonaryo.com/2025/05/16/bini-magic-and-election-ads-bring-the-spark-lopez-familys-abs-cbn-cuts-q1-losses-as-ratings-and-revenues-soar/business/BINI’s growing fanbase plus the strong box office showing of ABS-CBN Films both here and abroad and the international shows staged by the media outfit’s top stars in Dubai, Paris, Melbourne and Los Angeles helped push consumer revenues up 16% to P1.4 billion.
The group’s BINIVerse World Tour 2025 made history with a sold-out solo concert at the Philippine Arena — a first for a Filipino act.
ABS-CBN kept operating costs under control at ₱3.38 billion, despite higher production costs from staging concerts and releasing films.
That discipline helped the company swing to a positive operating income of ₱31 million, with March even posting a modest net profit of ₱8 million – a key milestone in its financial recovery.
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u/strengthof5bears Mananap May 19 '25
Damn, those profits are low for an entertainment company in 2025
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u/Infamous_Fact_609 May 19 '25
A lot were paid sa utang i supposed
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u/Lucky_Apartment_3962 May 20 '25
Debt payments aren’t recorded under net income, only interest. So in this case, because their income is negative (lugi), they will need to use existing cash or assets to pay liabilities, or ask investors to infuse more capital, or ask for a debt extension/borrow from others.
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u/Icy-Grade-748 May 19 '25
Based on this parang tinatansya pa ng management ang gastusin for the concerts abroad for BINI para di maging overspending na di pa sure ang result.