Business Services Industry

MERRILL LYNCH LIFTS PROFIT FORECAST FOR AUSTRALIA'S PBL BY 1.6%.

AsiaPulse News, January, 2003

SYDNEY, Jan 23 Asia Pulse - Broking house Merrill Lynch yesterday lifted its annual profit forecast for Kerry Packer's Publishing and Broadcasting Ltd (ASX:PBL), but warned of potential risks at its Crown Casino and Nine Network businesses.

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Merrill Lynch lifted its normalised net profit expectations for 2002/03 by 1.6 per cent, to A$283 million (US$166.29 million), after upgrading forecasts for the magazine division Australian Consolidated Press (ACP). ...

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Business Services Industry

MERRILL LYNCH LIFTS PROFIT FORECAST FOR AUSTRALIA'S PBL BY 1.6%.

AsiaPulse News, January, 2003

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