UPDATE: Sky TV boosts annual profit 6.4%, reaps more revenue from fewer subscribers

Fri, 21 Aug 2015

(Adds earnings expectation in 2nd paragraph, share price in 3rd paragraph, CEO comment starting in 5th paragraph, broker comment in 7th paragraph.) By Tina Morrison Aug. 21 (BusinessDesk) - Sky Network Television, New Zealand's dominant pay-TV company, boosted annual profit 6.4 percent as it reaped more revenue from fewer customers. Net profit rose to $171.8 million, or 44.09 cents a share, in the year ended June 30, from $161.4 million, or 42.61 cents, in the year earlier period, the Auckland-based company said in a statement. Revenue...

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