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AUSTRALIA'S PBL SET FOR RETURN TO PROFITABILITY.
SYDNEY, Sept 2 Asia Pulse - Kerry Packer's Publishing and Broadcasting Ltd (ASX:PBL) is expected to show solid results when it unveils its annual results this week.
But the ongoing advertising slump is likely to have limited earnings.
Analysts expect the media giant to unveil a full year net profit of $A250-$A280 million ($US137.38-$US153.86 million) on Wednesday.
PBL itself has flagged a normalised result in line with the previous year, estimated to be $A280 million ($US153.86 million).
"I don't think there are going to be too many upside or downside surprises," one analyst said.
"I think they have kept the market pretty informed about how all the businesses are tracking."
In 2000/01, PBL slumped to an $A84.6 million ($US46.49 million) net loss after $A397 million ($US218.15 million) in writedowns largely due to its investment in One.Tel and a short-lived foray into India.
- AUSTRALIA'S PBL UNHAPPY WITH BURSWOOD'S DECISION TO REJECT BID.
- News wire article from: AsiaPulse News May 28, 2004 700+ words
SYDNEY, May 28 Asia Pulse - Publishing and Broadcasting Ltd (ASX:PBL) has taken a firm...they can stall the (PBL) bid long enough...said. Mr Gee said PBL was probably not in...the bid again." ASIA PULSE 28-05 1128
- AUSTRALIA'S PBL LAUNCHES TAKEOVER BID FOR BURSWOOD.
- News wire article from: AsiaPulse News April 28, 2004 700+ words
PERTH, April 28 Asia Pulse - Kerry Packer's Publishing...and Broadcasting Ltd (PBL) (ASX:PBL) last...PBL has determined that PBL's dividend payout ratio...said in a statement. PBL shares closed down four...US8.77) Tuesday. ASIA PULSE 28-04 0925
- AUSTRALIA'S PBL NOW MORE LIKELY TO SELL OFF NINE NETWORK.
- News wire article from: AsiaPulse News December 28, 2005 700+ words
SYDNEY, Dec 28 Asia Pulse - Publishing and Broadcasting Ltd (ASX:PBL) could undergo radical...management team." PBL recently attracted...material diversion from PBL's previously stated...strategic objectives". ASIA PULSE 28-12 1747
- NEW CEO APPOINTED AT AUSTRALIA'S PBL.
- News wire article from: AsiaPulse News June 10, 2004 700+ words
SYDNEY, June 10 Asia Pulse - Kerry Packer's powerful...Broadcasting Ltd (ASX:PBL) appointed former journalist...executive reshuffle at PBL for more than three years...get up and stop them (PBL) owning a free to air...industry, he said. ASIA PULSE 10-06 1102
- AUSTRALIA'S PBL LAUNCHES BURSWOOD TAKEOVER BID.
- News wire article from: AsiaPulse News April 30, 2004 700+ words
PERTH, April 30 Asia Pulse - Kerry Packer's Publishing...amp; Broadcasting (PBL) Ltd (ASX:PBL) bidders...wholly owned subsidiary of PBL it would be delisted...staff redundancies. PBL said it would strive...minimise any such layoffs. ASIA PULSE 30-04 1250
- AUSTRALIA'S PBL EXPECTED TO GAIN FROM BETFAIR JV.
- News wire article from: AsiaPulse News November 3, 2005 700+ words
SYDNEY, Nov 3 Asia Pulse - James Packer's...Broadcasting Ltd (ASX:PBL). Analysts said gaining...a media business. PBL owns the Crown casino...fruit in a few years. PBL shares surged 47 cents to $16.51. ASIA PULSE 03-11 2111
- PBL SELLS CONTROLLING STAKE IN AUSTRALIA'S CHANNEL NINE.
- News wire article from: AsiaPulse News June 1, 2007 700+ words
PERTH, June 1 Asia Pulse - Publishing and Broadcasting Ltd (PBL) (ASX:PBL) has sold a further stake in its media joint venture...Packer family control over the network created when PBL chairman James Packer's grandfather Frank bought...
- AUSTRALIA'S PBL SAYS MACAU IS ITS STAR PROSPECT.
- News wire article from: AsiaPulse News October 28, 2005 700+ words
SYDNEY, Oct 28 Asia Pulse - Kerry Packer's Publishing...Broadcasting Ltd (ASX:PBL) says it is worth losing...successful, Mr Packer said. PBL would continue to invest...shareholders." Mr Packer said PBL was still very enthusiastic...the next few months. ASIA PULSE 28-10 1001
Source: HighBeam Research, AUSTRALIA'S PBL SET FOR RETURN TO PROFITABILITY.