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Read this: UTV reports pre-tax profits of 1m: Results down from 10m a year earlier

Summary: UTV Ireland had revenue of 4.9m - more than wiped out by an operating loss of 7.5m - while revenue for the Northern Ireland TV operation was 4.2m. And the company's chairman said the budget deadlock in Northern Ireland was likely to have an impact on TV advertising revenues in its Belfast-based channel over the next few months. Overall revenue at the plc - one of just three listed companies in Northern Ireland - was 58.3m. Operating profit was 2.5m, down from 11.1m a year earlier. - www.belfasttelegraph.co.uk

Read full article: www.belfasttelegraph.co.uk link icon  UTV reports pre-tax profits of 1m: Resul…



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