Visi Asia Media (VIVA), the parent of TVOne owned by Bakrie Group, recorded revenues of Rp322.8 billion in the first quarter (Q1) of 2023, declined 30% year on year (y/y), worsened from last year with revenues only declining 5.5%. VIVA, accordingly, was not able to reduce its tax liabilities to the State (Rp452 billion as of March 31, unchanged from December 2022).To subscribe please click here
