Business Services Industry
APN on top of ad slump.
Australasian Business Intelligence, August, 2002
Aug 20, 2002 (Herald Sun
ABIX via COMTEX) -- On 20 August 2002, APN News & Media reported a 63 rise in half-year net earnings. The $A36 million net profit included earnings from "The New Zealand Herald" publisher, Wilson & Horton, which APN acquired in 2001. APN chairman James Parkinson reaffirmed the company's full-year prediction of a $A92 million net profit. Investors will each receive an interim dividend of $A0.06 on 24 September 2002. APN shares fell $A0.22 after the announcement, closing the day at $A3.38.
Publication Date: 21 August 2002
APN NEWS AND MEDIA LIMITED - ASX APN: WILSON AND HORTON LIMITED
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