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Article: Daily Journal Corporation Announces Financial Results for the Nine Months Ended June 30, 2006.
- Article from:
- Business Wire
- Article date:
- August 14, 2006
CopyrightCOPYRIGHT 2006 Business Wire. 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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LOS ANGELES -- Revenues of Daily Journal Corporation (NASDAQ:DJCO) were $25,079,000 and $25,903,000 for the nine months ended June 30, 2006 and 2005, respectively. This decrease of $824,000 (3%) was primarily attributable to a decline in the consulting revenues of our Sustain Technologies subsidiary and a decline in circulation revenues, partially offset by an increase in revenues from commercial and legal advertising.
Our traditional publishing business segment pretax profit increased by $545,000 (15%) to $4,088,000 in the nine months ended June 30, 2006 from $3,543,000 in the prior year period primarily because of increased advertising revenues and decreased ...