Seven shares jumped as much as 10.6% to their highest level since May 31, 2019 in early trade, while the broader market (.AXJO) was up 0.9%. Seven separately reported a 26.5% jump in underlying profit for the six months to end-December, helped by strong performance in its advertising market. Rival media company Nine Entertainment reported, citing unnamed industry sources, that it was worth more than 30 million Australian dollars ($23 million) a year. [1/3] Workers walk past the headquarters of media broadcaster/publisher Seven West Media in Sydney, Australia February 14, 2017. Media outlets around the world are trying to find a way to compensate for a slump in advertising revenue, traditionally their main source of income, which has resulted in widespread closures.
More than 3/3 shares increased significantly since the last thirty-one years ago.
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More than 3/3 shares increased significantly since the last thirty - one years ago .
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