AMARIN: 22.39% JUMP IN PROFITS
Amarin Printing and Publishing Public Company Limited (APRINT) recorded a net profit of 275.84 million baht during 2008, an increase of 22.39% on the previous year according to audited accounts released to the Stock Exchange of Thailand yesterday.
APRINT attributed its increased profit to .. :
- .. a 17.93% increased in publication sales.
- .. a 6.58% increase in advertising revenue.
- .. a reduction in corporate tax.
3 comments:
Isn't it interesting that Amarin shows an increase in ad revenue, but Nation Group shows a decrease? I wonder how much of that is due to political stance vs neutrality?
David. I think the contrast demonstrates it's not all bad news in terms of advertising in the print media.
I think there are a number of reasons why Nation's results are poor in comparison to Amarin. One significant factor could be language. All of Amarin's magazines are in Thai.
I personally don't think there is anything political involved.
Amarin also printed my book, MY THAI GIRL AND I for me and the service they gave me was just amazing.
In one of a series of elegant rooms while reading proofs somebody came in and asked if I'd like to have dinner. While we worked dinner was served at their expense. Need I say more!
They deserve their profits and I am just reprinting with them now.
Andrew Hicks
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