Business Services Industry
Tokyo Broadcasting System, Inc. Posts 2.61 Billion Yen Quarterly Net Profit.
Knight Ridder/Tribune Business News, August, 2003
Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Aug. 5--TOKYO--Tokyo Broadcasting System Inc. (TBS) Tuesday reported a group net profit of 2.61 billion yen for the April-June ...uarter on revenues of 75.57 billion yen.
The radio and TV network, whose per-share net profit was 14.84 yen, also posted a group pretax profit of 8.23 billion yen and operating profit of 8.59 billion yen. The company did not release comparable figures for the year-before period.
TBS said advertising revenues during the three months fell in reaction to the spike in the same ...uarter last year caused by the World Cup soccer tournament hosted jointly by Japan and South Korea in May and June 2002.
The broadcaster also cited a decline...
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