Ninemsn Posts Profit Turnaround

Australia’s biggest portal ninemsn (a Microsoft JV) has announced a net profit after tax of AUS $6.2 million for the half year to December 31, based on revenue of AUS $21.1 million. Revenue had increased 47 per cent compared to the same period in 2002, when it recorded a loss of AUS $1.8 million.

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