HT&E Ltd operates in the Radio broadcasting stations sector.
In addition to historical fundamental analyses, the complete report available to purchase compares HT&E Ltd with three other
radio and television broadcasters in Australasia:
Sports Entertainment Group Ltd
(2020
sales of 66.79 million Australian Dollars [US$48.40 million]
of which 81%
was Media),
Prime Media Group Limited
(163.68 million Australian Dollars [US$118.61 million]
), and
Gtn Ltd
(160.94 million Australian Dollars [US$116.62 million]
of which 100%
was Advertising).
Sales Analysis.
During the second
quarter of 2021, sales at HT&E Ltd totalled
A$109.91 million.
This is
an increase of 18.1%
from the A$93.04 million in sales at the company during the second quarter of 2020.
HT&E Ltd reported sales of A$197.27 million (US$142.95 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 21.9%
versus 2019, when the company's sales were A$252.69 million.
Contributing to the drop in overall sales was the 33.6% decline
in Hk Outdoor, from A$24.82 million to A$16.49 million.
There were also decreases in sales in
Australian Radio Network (down 21.5% to A$175.26 million)
.
However, these declines were partially offset by the increase in sales of
Digital Investments (up 23.4% to A$5.65 million)
.