4 May 2009

Jasons predicts reduced profit

12:48 pm on 4 May 2009

Jasons Travel Media says its net profit will be in the vicinity of $787,000, a fall from $982,000 last year.

The travel information company says the decrease is due to the general effects of the economic climate.

It says the core print and web products and the distribution business, including recent acquisitions, continued to perform well.

However, revenue has decreased for its smaller publications, compared to earlier expectations.