NATION PROFITS UP 36% IN Q1

Nation Multimedia Group recorded an 18.7 million baht profit during the first quarter of 2011, a year-on-year rise of 36 per cent.

The company noted an overall 14 per cent increase in advertising revenues compared to the same period last year. Print advertising was up 3 per cent. The company also recorded a 4 per cent decline in revenues from electronic media, while revenues from newspaper sales fell 8 per cent.

The company publishes The Nation as well as a number of Thai language newspapers and magazines.