NATION ROCKETS TO THB 313 MN PROFIT

Nation Multimedia Group Public Company Limited, publisher of The Nation and other Thailand-based newspapers and magazines, recorded a THB 313 million profit during 2010. This contrasts sharply to a THB 81 million loss during the previous year.

Advertising sales rose 25 per cent across all media during the 12 months ending December 31, 2010, with print recording a 22 per cent rise, TV and radio up 34 per cent and new media recording a 16 per cent rise.

In a statement to The Stock Exchange of Thailand the company also noted a 3 per cent drop in revenues from newspaper circulation.

Read more: http://www.bangkokbugle.com/2011/02/nation-rockets-to-thb-313-mn-profit.html#ixzz1EZMCQFIF

Source: Bangkokbugle.com 2011-02-21

With all due respect George - the read more consists of this..

In a statement to The Stock Exchange of Thailand the company also noted a 3 per cent drop in revenues from newspaper circulation.

And wondering why some other magazine is the source for this news and not the Nation itself? strange.

Means that their internet and online revenue goes up, newspaper sales dropped.

Means that their internet and online revenue goes up, newspaper sales dropped.

I understand what it means, I just dont see why you need to jump to a new page to see one whole sentence on some other website?

The Nation issues an apology. "As a result of editing errors the profit figure was mistakenly given as Baht 313 million. In actual fact, the correct figure is Baht 3.13."