Postmedia Network Canada Corp. has earned its first quarterly profit in nearly two years. The firm says it generated $7.9 million as journalism tax credits, lower expenses and higher digital advertising sales offset declining revenue at its newspaper operations. Postmedia publishes the National Post, Toronto Sun and numerous daily newspapers across Canada. The quarter ended on August 11. Last year Postmedia lost $22.9 million in the same quarter. The last profit was earned late in 2017.
