Financial Analysis:
CTC Media, Inc. (NASDAQ:CTCM) generated the total revenue of (stock picks) $159.58 million for the quarter ended September 30th, 2011 as compared to revenue of $12527 billion for the same period last year. The company reported (stock picks) the net profit of $16.39 million or earnings of $0.19 per share for the respective quarter as compared to net income of $24.30 million or earnings of $0.17 per share last year.
The company’s total assets accumulate up to $968.01 million out of which fixed assets have the highest proportion. The company (stock picks) maintains a strong short term liquidity position as per its current ratio of 2 times.
Regards,
Don
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