Media Prima posts quarterly net loss of RM378.2mil


Group managing director Datuk Kamal Khalid (file pic)said:

PETALING JAYA: Media Prima Bhd posted a big loss for its fourth quarter because of write-offs and exceptional items with its net loss for the quarter reaching RM378.2mil from a profit of RM5mil in the previous corresponding quarter.

Revenue dropped to RM306.2mil from RM318.6mil for the quarter. For the full-year, Media Prima posted a loss of RM650.6mil, or 58.66 sen a share, from a loss of RM59.2mil in 2016.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , media prima , financial results , loss , revenue ,

   

Next In Business News

Radium’s net profit up to RM4.8mil in 3Q
7-Eleven’s quarterly revenue climbs
Positive 3Q24 for Dayang on higher utilisation, forex gains
Fajarbaru 1Q25 earnings up three-fold
Plytec 3Q net profit climbs 16% to RM5mil
Petra Energy registers positive 3Q24
SunCon prudently hopeful after strong showing
MSM Malaysia cautious on widening loss
UEM Sunrise revenue rises 18.2% in 3Q24
US weekly jobless claims unexpectedly fall

Others Also Read