ATN reports a net profit of $2.9 millon on revenues of $28 million for the 12 months ended December 31, 2012.

ATN reports a net profit of $2.9 millon on revenues of $28 million for the 12 months ended December 31, 2012.


TORONTO, March 25, 2013 /CNW/ - Asian Television Network International Limited (ATN) (TSX-SAT) Canada's Pioneer South Asian Broadcaster is pleased to announce its
audited annual consolidated financial and operating results for the 12
months ended December 31, 2012, in accordance with International
Financial Reporting Standards ("IFRS").


Financial highlights are as follows:




Years ended December 31, 2012 2011



Operating revenue $27,762,965 $27,964,020



Income from operation 3,967,395 7,380,319



Net income for the year 2,915,858 5,297,460



Earnings per share .12 .22



Operating profit (EBITDA) $4,334,485 $7,563,635



Earnings per share (EBITDA) .18 .31






"We ended the year on a positive note and we are excited with the
upcoming launch of our ATN channel in High Definition" says Dr. Shan
Chandrasekar President & CEO.



"2012 was a transitional year for us at ATN, moving to our new location
along with implementing our new broadcast centre, we still managed to
record a modest bottom line. " says Kyrill Classen Chief Financial
Officer.



ATN serves Canada's diverse cultural communities with 35 premium
specialty television channels. ATN offers its flagship general interest
service, Several Bollywood movie channels , and a variety of channels
that include 3 sports Channels, 3 news Channels , 3 music Channels , 2
lifestyle Channels, 3 Chinese Channels and several General interest and
regional language channels. ATN operates a South Asian Radio Service on
Satellite Radio cross The United States and Canada. ATN video content
is also available on any Bell mobile phone that supports video. ATN has
programming alliances with leading international broadcasters. For more
information please visit www.asiantelevision.com

Neither the Toronto Venture Exchange, nor its regulation services
provider (as that term is defined in the policies of the exchange),
accepts responsibility for the adequacy or accuracy of this release

Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are
subject to significant risks and uncertainties that are difficult to
predict. Actual results might differ materially from results suggested
in any forward-looking statements.

The Company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ
from those reflected in the forward-looking statements unless and until
required by securities laws applicable to the Company. Additional
information identifying risks and uncertainties is contained in filings
by the Company with the Canadian securities regulators, which filings
are available at www.sedar.com.

SOURCE Asian Television Network International Limited

Asian Television Network International Limited

CONTACT: K. Classen CFO
Asian Television Network International Limited
Markham, Ontario L3R 8E4
905-948-8199


-------
Profile: intent