More profit for TPC thanks to cost-cutting measures

TV market TV Productioncenter Zürich AG (TPC) suffered an eight percent drop in sales to CHF 133.1 million in the 2002 financial year, but was able to increase its annual profit by 24 percent to CHF 2.1 million. The SRG subsidiary's positive result was due to cost-cutting measures such as redundancies and the closure of a studio.