Daily Mail Australian businesses post $30m in revenue

Daily Mail & General Trust’s Australian businesses, including website Daily Mail Australia, has reported £17.5m (AU$30m) in revenue for the year ended September, up slightly from the £16.8m it reported the previous year.

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The results come as the company said a 17% decline in global profits was partly because of its costs in Australia. Operating profit was £69m (AU$117m), “reflecting increased investment in Mail Online, including the acquired Australian business” the company said in an update to the London stock exchange.

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