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Article: John Fairfax Holdings (FXJ) $3.81.
- Article from:
- Australasian Business Intelligence
- Article date:
- February 26, 2002
CopyrightCOPYRIGHT 2002 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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Feb 21, 2002 (Your Money Weekly
ABIX via COMTEX) -- A 5.8% decrease in revenue to $A22.9m was recorded by the F2 division of John Fairfax Holdings for the latter six months of 2001. A 22.7% decrease in operating costs was recorded by the Australian-based newspaper publisher and media group to $A35.7m. A 3.4% decrease in costs to $A15.5m was recorded by the publication assets of John Fairfax for the six months ending 31 December 2001. A 10.8% decrease in trading revenue to $A579.1m was recorded by the publishing assets. An overall 20.5% decrease in net operating cash flow to $A74.5m was felt by the group. The net profit after tax was $A47.1m, a decrease of 34.7%. ...