STV Group Says 1H Pretax Profit, Revenue Rose Thanks to Diversification Strategy

Dow Jones

Sep 06, 2022

By Kyle Morris

STV Group PLC said Tuesday that first-half pretax profit and revenue rose as its diversification strategy continued to deliver, with studios and video-on-demand advertising revenue both higher.

The Scottish broadcaster said that first-half pretax profit was 10.6 million pounds ($12.2 million) compared with GBP8.5 million a year earlier.

Revenue for the period was GBP62.1 million compared with GBP60.3 million a year earlier.

The board proposed an interim dividend of 3.9 pence a share, 5% higher on year.

The company sees its nine-month total advertising revenue slightly down and its nine-month regional and video-on-demand advertising both higher.

Write to Kyle Morris at kyle.morris@dowjones.com

$(END)$ Dow Jones Newswires

September 06, 2022 02:34 ET (06:34 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2265510570","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2265510570","pubTimestamp":1662446040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"By Kyle Morris \n\n\n \n\n\n  STV Group PLC said Tuesday that first-half pretax profit and revenue rose as","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"STV集团称1H税前利润收入增长得益于多元化战略","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STV":1},"content_text":"By Kyle Morris \n\n\n \n\n\n  STV Group PLC said Tuesday that first-half pretax profit and revenue rose as its diversification strategy continued to deliver, with studios and video-on-demand advertising revenue both higher. \n\n\n  The Scottish broadcaster said that first-half pretax profit was 10.6 million pounds ($12.2 million) compared with GBP8.5 million a year earlier. \n\n\n  Revenue for the period was GBP62.1 million compared with GBP60.3 million a year earlier. \n\n\n  The board proposed an interim dividend of 3.9 pence a share, 5% higher on year. \n\n\n  The company sees its nine-month total advertising revenue slightly down and its nine-month regional and video-on-demand advertising both higher. \n\n\n \n\n\n  Write to Kyle Morris at kyle.morris@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 06, 2022 02:34 ET (06:34 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}