Newsquest's Scottish operation, publisher of the Herald titles and Glasgow Evening Times, saw profits rise by 38% in the 12 months of 2012 compared to the year before.
The Herald, in reporting on the latest set of accounts, said turnover edged upwards to more than £57m with pre-tax profits increasing from almost £8.7m to more than £12m.
But the division's managing director, Tim Blott, explained that the profits increase was due mainly to a £3.4m exceptional property charge in 2011. He said the group had had "another challenging year in 2012."
Newsquest is owned by the US media conglomerate, Gannett.
Source: The Herald Hat tip: allmediaScotland
