SMG group CEO Alex Yeow on Monday said that going forward, the group aims to have 30% of its revenue come from new businesses that may be related to property or digital products.
PETALING JAYA: Star Media Group Bhd
(SMG) has announced a net loss of RM14.2mil for the first quarter ended March 31,2021 from RM3.9mil reported in the same quarter a year ago.
Revenue dropped to RM42.6mil from RM65.8mil with the softness in Malaysian economy coupled by the effects of Covid-19 and the recent Movement Control Order affecting the topline.
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