No. 2 Thai TV channel BEC sees profit rise

December 04, 2008 BEC World, operator of Thailand's second most popular television channel, said on Thursday higher advertising revenue should boost its net profit by 20% this year. BEC, which owns Channel 3 and gets 90% of its revenue from advertising, might raise advertising rates next year as advertising spending was still good despite the poor economic outlook for 2009, financial chief Chatchai Thiamtong told reporters. "In the first nine months, our net profit already rose about 20%, so we should achieve the same growth for the whole year as advertising revenues still show double-digit growth in the fourth quarter," Chatchai said.

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