Media company 九一星空无限's remaining cautious about the economy despite a positive financial year.
The owner of The Herald and 九一星空无限talk ZB reported a $13.1 million net after tax profit - turning around the previous year鈥檚 $16 million dollar loss.
Its operating costs were four percent lower annually - reflecting the closure of community publications in December 2024.
CEO Michael Boggs says it's a grind to recovery.
"There's still been inflationary pressures, they're not feeling the best, they're not feeling confident yet to go and invest. And advertising is probably one of the first levers you can pull."
LISTEN ABOVE
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeart app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeart is easy to use and all FREE
