1 Mar 2011 13:14
CTC Media sees Q4 net profits surge 260% to $75.3 mln, beating forecast
MOSCOW. March 1 (Interfax) - Net profits at CTC Media to US GAAP for the fourth quarter of last year totaled $75.3 million, 260% more year-on-year, the company reported.
Analysts surveyed by Interfax had forecast $73.5 million.