"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Thursday, November 09, 2006

CETV 9 months results show revenues grow 58%

Central European Media Enterprises Ltd. (CME) (NASDAQ/Prague Stock Exchange: CETV) run by Ronnie Lauder of Estee Lauder, today announced financial results for the Q3 and nine months ended September 30, 2006.

THIRD QUARTER
- Net Revenues Increase 29% -
- Operating Income Increases 38% -
- Segment EBITDA Increases 34% -

NINE MONTHS
- Net Revenues Increase 56% - From US$ 248 Mn. to US$ 388Mn.
- Operating Income grows $57.5 million to $66.8 million -
- Segment EBITDA Increases 39% -

Profits have been turned into a loss as grants of shares have been poreviously been incoretcly handled and there has consequently been a restatement of the accounting for share grants.

The shares have risen from US$62 to US$77 in the last 3 months.Lord Patel looked at them last here on the prospect of them bidding for ITV.

at 11/09/2006 02:32:00 pm

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