Visi Asia Media (VIVA), the parent of TVOne, suffered a loss of Rp540.9 billion in 2019, but narrowed from loss Rp1.1 trillion in 2018, mainly supported by gain in foreign exchange (forex) transaction and a significant drop in other losses. The Company booked a forex gain of Rp158.5 billion last year, against a loss of Rp242.6 billion in the previous year. Unfortunately, VIVA fell short in providing details of a significant drop in other losses.
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