‘Hot Press’ makes profit for second year running

The company that publishes Hot Press magazine recorded a profit for the second year running in 2012 after years of successive losses.

With figures last week showing that the magazine increased its circulation in 2013, filings lodged with the companies office reveal that Osnovina Ltd recorded a profit of €13,739 in 2012, with accumulated profits increasing from €607,858 to €621,597.

The firm also recorded a profit in 2011, of €15,533.