Berjaya Media posts wider net loss in the second quarter
PETALING JAYA: Berjaya Media Bhd , the publisher of theSun newspaper, reported a wider net loss of RM2.57mil in the second quarter ended Oct 31 on the back of declining advertising income.
The group said in a Bursa Malaysia filing that its net loss in the three-month period had increased from a net loss of RM2.54mil in the previous year’s corresponding quarter.
Revenue in the second quarter fell by almost 22% year-on-year (y-o-y) to RM6.53mil.
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