Revenues, Profit Up For Grupo Radio Centro In '08
July 2, 2009 at 4:49 AM (PT)
GRUPO RADIO CENTRO's 2008 full-year broadcasting revenue rose year-to-year from 654,760,000 Ps. to 735,105,000 Ps. ($53.145 million), according to the company's annual report filed with the SEC, Net income rose from 91,098,000 Ps. to 126,720,000 Ps. ($9.162 million) (51 cents/share).
The company operates several stations in MEXICO, including 11 in MEXICO CITY, and took over EMMIS' KMVN (now KXOS (EXITOS 93.9))/LOS ANGELES on APRIL 15 of this year.