PROFITS UP AT POST AND NATION

Post Publishing and Nation Multimedia have both reported strong financial results this week.
Post Publishing, publishers of the Bangkok Post, revealed a consolidated net profit of THB32.3 million - up from THB2.2 million during the same period in 2010. During the first quarter of 2011 it made THB16.49 million baht.
Nation Multimedia Group, publishers of The Nation, recorded profits of THB36.7 million for the first six months of the year, up 13 per cent from the THB23.9 million recorded during the same period in 2010.
Both publishers noted increases in advertising revenues, although Nation also highlighted an 8 per cent decline in sales of its newspapers.