MUP annual deficit includes $2 million ‘exceptional write-down’

Tuesday, 5 May 2009 Books+Publishing

Melbourne University Publishing (MUP) has posted a deficit of $2.9 million for 2008, according to the University of Melbourne's annual financial report. The report states that the MUP deficit includes a ‘$2 million exceptional write-down of inventory due to the economic crisis'. Despite the recorded deficit, publishing and book sales were...