Monday, July 30, 2007

UPDATE 1-Russia's CTC Media Q2 earnings fall 10 pct

(Reuters) - MOSCOW, July 30 - Russian entertainment TV network
CTC Media on Monday posted second-quarter earnings
below analysts' expectations and 10 percent short of results a
year ago that were boosted by a hit serial.




Net profit reached $30.7 million compared with 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.


Read more at Reuters.com Market News

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