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Sunday, May 15, 2011

JUMP IN PROFITS FOR POST PUBLISHING

Post Publishing PCL,  publishers of a variety of newspapers including The Bangkok Post, and Thai language licensed magazines including Elle and Cleo, reported a 16.49 million baht profit for the first three months of 2011, up some 54.7 per cent from the same period last year.
In a statement to The Stock Exchange of Thailand on Friday, the company noted a: ".. continued rebound in advertising spending, especially in property, automobile, financial and government sectors, which has contributed to the growth of advertising revenue for both print and other media."
For the year ending 2010 the company reported a profit 83.2 million baht.

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