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Profits fall as Manx Radio embarks on capital projects.

by isleofman.com 4th October 2007
Manx Radio has reported a greatly reduced profit in their annual report, down from approaching ?100,000 to just ?11,000.

But the Board says a lot of cash is being put back into the business, to compensate for a lack of capital provision in the Government subvention.

Board Chairman David North (pictured) points to the General Election and Manx Radio TT as highlighst of the station's coverage in the year.

So is the reduced profit likely to attract criticism?
Posted by isleofman.com
Thursday 4th, October 2007 01:20pm.

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