A look at the downward spiral of the newspaper industry in the 21st century.
Because no news is bad news
Monday, April 12, 2010
Sing Tao returns to black ink with $114.5m profit
Sing Tao News Corporation (1105) swung to a net profit of HK$114.5 million last year on the back of a revival in the advertising market and a retreat in newsprint prices. This compared with a loss of HK$142 million in 2008.