China Business News: AirMedia's unaudited Q3 net loss reaches US$9.6 mln

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AirMedia's unaudited Q3 net loss reaches US$9.6 mln

Nov. 12, 2009 (China Knowledge) - AirMedia Group Inc<AMCN>, which offers air travel advertising in China, on Tuesday announced its unaudited quarterly financial results, which show that the firm recorded a net loss of US$9.6 million in the third quarter of this year. The company recorded a net profit of US$7.5 million in the third quarter of last year. AirMedia's revenue for the third quar

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