Utusan’s sales and profits slide (akibat berita terlalu berat sebelah?)

 
CURRENT
YEAR QUARTER
PRECEDING YR
CORRESPONDING
QUARTER
CURRENT
YEAR TO
DATE
PRECEDING YR
CORRESPONDING
PERIOD
31/12/2008
31/12/2007
31/12/2008
31/12/2007
RM’000
RM’000
RM’000
RM’000
1 Revenue
96,953
102,340
373,324
385,565
2 Profit before tax
5,612
23,992
7,821
44,179
3 Profit for the period
2,153
18,786
3,171
36,445

Source: Utusan’s fourth quarter 2008 unaudited results as submitted to Bursa

Utusan workers are demanding better terms from their employer. But the firm’s revenue shows a drop from the previous period.

Fourth quarter unaudited profits dropped substantially as “other operating expenses” soared to RM17.3 million from RM1.9 million for the same period in 2007.

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