Grupo Radio Centro Q3 Revenues Fall

Q3 Revs Down

GRUPO RADIO CENTRO third-quarter broadcasting revenue fell 5.3% to Ps. 191,215,000, mainly attributable to lower advertising revenues in MEXICO, partially offset by revenue from the company's Spanish AC KXOS (EXITOS 93.9)/LOS ANGELES. 

The lower revenues and increased expenses led the company to a net loss of Ps. 7,219,000, compared to net income of Ps. 42,822,000 in the third quarter of 2008.

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