Next Media losses widen to HK$928m in first half

Next Media, which is in the process of selling its loss-making Taiwan businesses, has reported losses for the six months to September, almost triple that of last year.

The group, which publishes the Chinese-language Apple Daily News and a number of magazines in Hong Kong, and has newspaper and television businesseses in Taiwan, said the losses for the six months amounted to HK$928.39 million compared with HK$324.02 million for the same period last year.

via Business feed http://www.scmp.com/business/companies/article/1094784/next-media-losses-widen-hk928m-first-half