Red ink at Trader Media East
03 Sep 2012
Trader Media East (TME) slipped into the red in the first half of 2012, after narrowly missing the red ink in the same period last year. The LSE-listed company, with headquarters in The Netherlands and operations in Russia and Eastern Europe, reported its first half results today. The picture was distressing.
Total revenue dropped by 16 percent from $74 million U.S. in the first half of 2011 to