Fairfax reports $16m loss for last financial year

Fairfax Media reported more than 16 million dollars loss last financial year following lower earnings and further asset write downs. The Australia’s largest diversified media company made a net loss of 16.4 million dollars for 2012-2013, a marked improvement on the 2.7 billion dollars loss the company reported in 2011-2012. According to news.com.au, the company made a profit of 143 million …

Powered by WPeMatico

This entry was posted in Nigeria News. Bookmark the permalink.

Leave a Reply