Asian Television posts record revenue

NEWMARKET, ON – Asian Television Network International Ltd. Announced record financial results for the year ended Dec. 31, 2005. ATN had record revenues of nearly $7.3 million, a 51.5% increase over 2004. Net earnings more than doubled, to almost $1.5 million, marking the network’s third consecutive year of positive net earnings. Net earnings after income taxes were $4.1 million, compared with $454,000 the year before. ATN is Canada's largest South Asian broadcaster, operating 12 specialty channels, including a general interest analog service, two movie channels, a news channel in English, several regional language channels, and a channel with live cricket...