WINNIPEG, MB / ACCESSWIRE / May 26, 2021 / FP Newspapers Inc. ("FPI") announces that all resolutions presented at the Corporation's annual meeting held on May 26, 2021 were approved by the shareholders.
WINNIPEG, MB / ACCESSWIRE / May 26, 2021 / FP Newspapers Inc. (TSXV:FP) ("FPI") is pleased to announce that Deanna Traa of Winnipeg, Manitoba has joined its Board of Directors. We are very pleased to have
FP Newspapers Inc. Reports Fourth Quarter 2020 Results
Fourth quarter operating results of FPI
FPI reported net income of $2.5 million for the three months ended December 30, 2020, compared to net income of $0.7 million for the same period in 2019.
Fourth quarter operating results of FPLP
FPLP s revenue for the three months ended December 31, 2020 was $14.4 million, a decrease of $1.8 million or 11.0% from the same three months in the prior year. Print advertising revenues for the three months ended December 31, 2020 were $7.0 million, an 18.2% decrease compared to the same quarter last year. FPLP s largest print advertising revenue category, display advertising including colour, was $3.4 million, a decrease of $0.9 million or 21.2% from the same period in the prior year, primarily due to the business closures as a result of the COVID-19 pandemic. Classified advertising revenues for the fourth quarter increased by $0.1 million or 11.0% compared to the same period last year, prima
FP Newspapers Inc Reports Fourth Quarter 2020 Results benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
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Last updated on December 16, 2014