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Article: Hot stocks.
- Article from:
- Australasian Business Intelligence
- Article date:
- June 15, 2003
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Copyright informationCOPYRIGHT 2003 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jun 15, 2003 (The Age - ABIX via COMTEX)
The steady rise in the share price of Australia's Rural Press has been based on improving company results. Its interim result for December 2002 indicated a net profit of $A34m, up 24 per cent on the previous corresponding period, riding on a turnover increase of six per cent. It is likely the company will benefit from the amelioration or ending of the current Australian drought, as much of its publishing base is in rural Australia. Rural Press has signalled a preparedness to grow through acquisition, and has ...
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