Questions on Bakrie’s Visi Media (1)

Visi Media Asia (VIVA), parent of TVOne and ANTV, booked net loss of Rp1.1 trillion last year against net profit of Rp151.66 billion in 2017. Higher interest and finance charges, which reached Rp460 billion, and loss on foreign exchange translation (Rp242.6 billion), might have contributed to the losses. But, there are more fundamental questions about the group’s operations.To subscribe please click here