Grupo Radio Centro Q2 Revenue, Income Jump
July 21, 2011 at 5:02 AM (PT)
GRUPO RADIO CENTRO broadcasting revenue for second quarter increased 10.5% to Ps. 230,431,000, attributed to increases in ad sales at the company's stations in MEXICO. Operating income rose 70.4% to Ps. 53,533,000; net income jumped more than 500% to Ps. 16,387,000.
GRC operates 12 stations in MEXICO CITY, AM stations in GUADALAJARA and MONTERREY, and, under an LMA with EMMIS, Spanish AC KXOS (EXITOS 93.9)/LOS ANGELES.