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Saturday, November 13, 2010

BETTER RESULTS FOR POST PUBLISHING

The Post Publishing Public Company Limited has reported third quarter consolidated net income of THB 21.919 million, compared to a consolidated net loss of THB 23.197 million baht for the same period last year.
The company publishers The Bangkok Post, a number of Thai language licensed magazines including Martha Stewart Living, and provides news to television companies.
Its statement to the Stock Exchange of Thailand noted that : "Sales and service income increased 21.33 per cent from THB 376.611 million to THB 456.935 million. Advertising sales came back strongly following the very weak April and May, while publication sales improved slightly. Costs of sales and services increased 8.37 per cent from THB 283.391 million to THB 307.118 million. Selling expenses, administrative expenses, and management’s remuneration increased 1.40 per cent from THB121.900 million to THB 123.603 million.

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