LONDON - Johnston Press reported a 36% leap in pre-tax profits for the half year to June 30 to £35.2m compared with £25.9m during the same six months in 1999.
The publisher of regional newspapers said its figures were helped by a growth in advertising revenue. This is believed to have been boosted by the purchase of publisher Portsmouth & Sunderland last year.
Turnover for the period rose to £147.5m from £103.1m last year.
Johnston is currently involved in a battle against US newspaper publisher Gannett in the bidding for Regional Independent Media, another UK regional publisher.
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