Monday, July 30, 2007

Russia's CTC Media Q2 earnings fall 10 pct

(Reuters) - Net profits were $30.7 million, compared to analysts' average forecast of $36.2 million and a $34.1 million result in the same period a year ago, when CTC's "Born Not Pretty" soap was pulling in viewers.



Operating revenues rose to $112.1 million at CTC, which floated on the U.S. Nasdaq exchange last year, compared to an average forecast from 5 analysts of $119.5 million and a year-ago figure of $102.8 million.


Read more at Reuters.com Market News

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