EARNINGS UP FOR TORONTO SUN PUBLISHING
By Adnews Staff
The Toronto Sun Publishing Corp. has reported an increase in ad linage and profits. Net earnings were $538,000 for the third quarter ending Sept. 30. This is up from $202,000 in the same period in 1994. Net earnings for the nine months were $5.2 million, compared with $3.9 million last year. Revenues from operations in the quarter were $86 million, compared with $79.4 million the previous year. Revenues for the nine months were $264.2 million, compared with $247.3 million in 1994. The company said consolidated ad linage for its four major dailies and The Financial Post were up 2% from the same period last year. The Post led the way with a 21% hike.
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