KIEV, Aug. 18 - In the first half of 2005 the net income of the Ukrainian Studio 1+1 Group including Studio 1+1 TV channel equaled $31.54 million, or 24.4% more than during the same period of 2004.

As one of its biggest stockholders - Central European Media Enterprises Ltd. - announced recently, the EBITDA of Studio 1+1 Group made $7.28 million, or 21.3% less than a year before.