APN’s first half figures for 2014 for the six months ended 30 June show that the company’s overall revenue across its Kiwi and Australian offerings climbed three percent, rising from AU$394.6 million last year to A$405.9 million this year. Statutory net profit after tax followed the revenue trend rising 77 percent from A$12.8 million from the previous year to A$22.6 this year. But it wasn’t all good news, with several of the Kiwi categories suffering year-on-year dips. PLUS: we look at Fairfax’s figures and the News Corp debacle.
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APN’s half year results show profit increase of 77 percent, but there isn’t good news across the board