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Saturday, May 22, 2010

POST RECORDS 10.6MB 1Q PROFIT

Post Publishing Public Company Limited reported a first quarter profit of THB 10.6 million earlier this month, compared to a THB 18.8 million loss during the same period last year.
In a statement to The Stock Exchange of Thailand the company attributed its improved performance to usage of lower-priced newsprint and a reduction of print runs as a result of the drop in tourist arrivals.
The company publishes The Bangkok Post, its sister Thai language daily Post Today as well as a number of licensed magazines.

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