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Article: PARALLEL MEDIA GROUP PLC - Half-yearly Report.
- Article from:
- PR Newswire UK Disclose
- Article date:
- July 30, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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PARALLEL MEDIA GROUP PLC ("PMG" OR THE "GROUP")
INTERIM RESULTS
FOR THE 6 MONTHS ENDED 30 JUNE 2009
HIGHLIGHTS
- Successfully promoted and delivered the second Ballantine's
Championship, the largest golf tournament in South Korea
- Delivered highly acclaimed art exhibitions in Seoul and London
sponsored by Standard Chartered
- Turnover increased 17% to [pounds sterling]5.7m (2008: [pounds sterling]4.8m)
- Gross profit increased 47% to [pounds sterling]1.4m (2008: [pounds sterling]0.9m)
- EBITDA (Earnings before interest, tax, deprecation and
amortisation) [pounds ...