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Thailand's RK Media Holding Sees Rosy Outlook, Higher Ad Sales.

Bangkok Post (Bangkok, Thailand)

| April 03, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Bamrung Amnatcharoenrit

Apr. 3--The entertainment company RK Media Holding Plc expects its net profits to rise by 66 percent to 50 million baht this year and then rise by almost 50 percent in 2005 to 74 million baht, buoyed by increased advertising spending.

The company forecasts revenues of 393 million baht this year and 534 million baht in 2005, with its television and radio businesses likely to benefit from the expected 15 percent annual growth in the advertising business.

Advertising spending is expected to be healthy because of the strong economy, with further gains anticipated in the runup to the general election late this year or ...

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Source: HighBeam Research, Thailand's RK Media Holding Sees Rosy Outlook, Higher Ad Sales.

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