East Port-of-Spain residents are vowing to continue their protests over the killing of a resident throughout this week.
You are here
Half year results show improved revenues for GML
Guardian Media Limited (GML) has recorded a 2.4 per cent improvement in revenues for the half year ended June 30. Unaudited results published yesterday show revenues of $96.1 million, an increase over the $93.8 million earned in the corresponding period last year. GML chairman Grenfell Kissoon said the increase represents a full recovery from the revenues deficit the company experienced in the first quarter of the year.
“We expect this trend to continue to the the end of the year,” he said. Profit before tax was $14.7 million—19.2 per cent less than last year’s figure of $18.2 million. Kissoon said this was the result of programming and related content investments as well as higher operating costs. He said the GML board of directors is confident that 2014 financial projections will be achieved based on current investments, plans and strategies.
User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.
Guardian Media Limited accepts no liability and will not be held accountable for user comments.
Guardian Media Limited reserves the right to remove, to edit or to censor any comments.
Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.
User profiles registered through fake social media accounts may be deleted without notice.