Est Media Falls to Record Low as Fourth-Quarter Loss Widens

EST MEDIA Vagyonkezelo Nyrt., a Hungarian entertainment company, fell to the lowest on record after its fourth-quarter net loss widened.

The shares dropped 15 percent to 100 forint by 9:42 a.m. in Budapest. The company reported a net loss of 1.5 billion forint for the last three months of 2011, compared with a loss of 1.1 billion forint in the same period of 2010, according to a statement to the Budapest Stock Exchange late on April 6. The bourse was closed on April 6 and 9 for a public holiday.

To contact the reporter on this story: Andras Gergely in Budapest at

To contact the editor responsible for this story: Gavin Serkin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.