APN 1H profit climbs 77% as year earlier charges wash through

Tue, 19 Aug 2014

By Paul McBeth Aug. 20 (BusinessDesk) - APN News & Media, publisher of the New Zealand Herald newspaper, boosted first half profit 77 percent as year-earlier charges washed through, buoyed by Australian and radio operations. Net profit rose to A$27.2 million, or 2.4 cents per share, in the six months ended June 30, from A$24.6 million, or 1.7 cents, a year earlier, the Sydney-based company said in a statement. Earnings before interest, tax, depreciation and amortisation from its continuing operations and before one-off charges increased 1...

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