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Nation Multimedia reports 66 per cent increase in profits for the first quarter - Krungthep Turakij 13/5/02.

Asia Africa Intelligence Wire

| May 13, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

Nation Multimedia Group's sales and advertising income rose after the launch of its new newspaper, Krungthep Turakij reported.

In the first quarter Nation Multimedia Group and its subsidiaries made net profits of 40.38 million baht, up 66 per cent from the same period the year before. The main reason was that sales of print products rose 105 per cent, mainly due to increased sales of "Kom Chad Luek," the group's newest newspaper that was launched in October …

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