SPI’s Kino Polska TV has posted first half revenues of PLN56.6 million (€13.4 million), an 18% increase on the same period in 2014.
Its net profit, at PLN9.6 million, was meanwhile up by 47% on a year earlier.
The group’s operating result deriving from continued activity exceeded PLN11.3 million, or nearly 50% more than in H1 2014.
This was achieved not only through higher revenue but also the Q2 profit reported by Stopklatka TV, in which Kino Polska is one of the two largest shareholders.
Sales revenues were up primarily due to higher licensing sales (42%) and dynamic growth of FilmBox movie channels and thematic channels (15% broadcast and 59% ad sales).
The group’s EBITDA was, at PLN18.8 million, 10% up on a year earlier.