.
Sky Network Television Limited (ASX:SKT, NZE:SKT) has announced that its new free to air and pay-TV Igloo service is expected to post a loss in the 2012 financial year.
The pay television company, listed in New Zealand and Australia, has a 51 per cent interest in Igloo and the remaining interest is held by Television New Zealand.
Sky’s stake will incur a net loss of about $1.2 million in the current financial year.
In the same period the company expects Igloo to add 50,000 subscribers to its network.
In the 2011 financial year Sky Network Television reported a net profit of $92.89 million.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.84 |
Change
0.030(1.07%) |
Mkt cap ! $390.9M | |||
| Open | High | Low | Value | Volume |
| $2.84 | $2.84 | $2.81 | $12.08K | 4.254K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 4307 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| SKT (ASX) Chart |