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Public TV with Sk85.7 million midyear profit

THE STATE-run Slovak television (STV) reported a midyear income of Sk1.3 billion, some Sk115 million ahead of expectations.

But with costs totaling Sk1.2 billion, 11.6 percent higher than planned, the station registered a midyear profit of Sk85.7 million, 5.5 percent below expectations.

STV said the added revenues were due to a higher income from viewer fees and advertising revenues.

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