Post reduces operating losses by 90 per cent
The Sunday Business Post has published results that show a 90 per cent reduction in operating losses to €218,889.
The financial results for the year ended June 30, 2014 were the first published since the company exited from examinership in June 2013 with new investors, a new board and new management.
The improvement in the bottom line is due to the stabilisation of circulation, increased advertising revenues and diversification into areas such as conferencing.