Executive chairman Suthikiati Chirathivat said sales and service income rose 9.3% year-on-year to
Magazine advertising revenue, however, rose 7.4% year-on-year in 2013, while print sales revenue fell 4.1%.
Marketing expenses and subscription promotions increased 115% as the company launched four new titles in 2013 ? Cycling Plus,
Sales and service costs rose 2% to
Newsprint and paper costs fell 6% for the year, while magazine costs dropped 6.2%.
Supakorn Vejjajiva, president and chief operating officer, said advertising revenue had begun to decline in October due to the domestic political turmoil that was expected to continue to have an impact through this year's first quarter.
Company directors yesterday approved a full-year dividend payment of
Shareholders will vote to approve the dividend payment at the annual shareholders' meeting on
Shares of POST closed yesterday on the SET at
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