12 Jun 2009

Jasons Travel Media posts loss

8:39 am on 12 June 2009

Jasons Travel Media has announced a $806,000 loss in the year to March, down almost 18% on last year.

The company's revenue grew 2.4% to almost $14 million.

It says economic conditions resulted in reduced demand for advertising, and costs associated with new activities also drove the loss.

The company expects stable performance in revenue and profitability in 2010.