Grupo Radio Centro Q4 Revenue, Income Rise
March 1, 2011 at 4:02 AM (PT)
GRUPO RADIO CENTRO fourth quarter broadcasting revenue rose 17.6% to Ps. 306,908,000, attributed to higher ad spending by clients in MEXICO. Net income jumped 188.3% to Ps. 72,899,000.
The company owns and/or operates 12 stations in MEXICO CITY, single stations in GUADALAJARA and MONTERREY, and operates Spanish AC KXOS (EXITOS 93.9)/LOS ANGELES under an LMA with licensee EMMIS, as well as the GRUPO RED and OIR networks in MEXICO.