Fairfax Media Ltd has conveyed its tribute to the Christchurch Press at AGM for their performance, following the 7.1 strong on the Richter scale earthquake in Canterbury on 4th September, at its yearly meeting held in Melbourne today.
According to an update in trade, the Australian-based company has shown a slight improvement in its publishing business in New Zealand, amongst the league of The Dominion Post, The Christchurch Press and Sunday Star-Times, and some magazines.
Altogether, there has been a 4 percent increase in the revenue of the company for the first four months of the financial year, and there are indications of high single digit earnings growth for the first 6 months of the year.
The hard work and dedication of Fairfax in Christchurch and other areas can be seen in that not a single Christchurch Press edition has been unsuccessful in releasing.
Even during the times of difficulty, The Christchurch Press continued to be a valuable source of not only information, but also inspiration for the residents of the city and surrounding areas. It served at as something constant and reliable during a time when there was huge worry and uncertainty. It shows their commitment to a community.
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