profit resuts

Fairfax Media Full Year Financial Results FY 2012 - Loss


Fairfax Media (ASX:FXJ) have released their full year financial results for FY 2012 to the ASX stockmarket.

  • FXJ shares fell 9.73 percent to 51 cents per share at the end of trade on Thursday on the ASX stockmarket. On Friday the company's stock closed the week at 45.5 cents per share, hitting all time record lows.
  • The fall comes as the company's largest shareholder, Gina Rinehart tried to divest 5 percent of her 15 percent stake in the company.
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