| Business Summary | | Grupo
Radio
Centro,
S.A.
de
C.V.
is
a
radio
broadcasting
company
in
Mexico.
The
Company's
principal
activities
are
the
production
and
broadcasting
of
musical
programs,
news,
interviews
and
special-event
programs.
Its
revenue
is
derived
primarily
from
the
sale
of
commercial
airtime
to
advertising
agencies
and
businesses.
The
Company's
Mexico
City
average
audience
share
for
the
year
ended
December
31,
1999
was
34.2%.
Grupo
Radio
Centro
currently
owns
five
AM
and
five
FM
radio
stations
and
manages
and
operates
an
additional
FM
station
as
well
as
two
additional
AM
stations.
Of
the
13
radio
stations
it
owns
or
operates,
Grupo
Radio
Centro
operates
four
AM
and
six
FM
stations
in
Mexico
City.
The
remaining
three
AM
radio
stations,
including
one
in
Mexico
City,
are
currently
managed
and
operated
by
third
parties
pursuant
to
operating
agreements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Grupo
Radio
Centro,
S.A
de
C.V.
owns
and/or
operates
13
radio
stations,
11
of
which
are
located
in
Mexico
City.
For
the
comparable
six
months
ended
6/30/01,
revenues
fell
42%
to
PS307.3
million.
Net
income
before
U.S.
GAAP
fell
92%
to
PS7.9
million.
Revenues
primarily
reflect
a
reduction
in
advertising
revenues
from
political
campaigns.
Net
income
reflects
an
increase
in
depreciation
and
amortization
charges
and
higher
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Francisco Aguirre, 58 | Chairman | Maria Aguirre, 53 | Vice
Chairman | Maria Aguirre, 60 | Vice
Chairman | Pedro Beltran | CFO
and Fin. and Admin. Director | Carlos Aguirre, 45 | Director,
Gen. Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|