THOMSON PROFIT JUMPS
By Adnews Staff
Toronto-based Thomson Corp. has reported a 7.1% rise in profit to $301 million(US) for the third quarter ending Sept. 30. Revenue rose 11.6% to $2.49 billion, from $2.23 billion for the same period last year. The newspaper division reported a 6.8% increase in third-quarter profit to $47 million from $44 million a year earlier. Newspaper revenue rose 2.8% to $220 million from $214 million. Thomson newspapers include The Globe and Mail and the Winnipeg Free Press.
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