Berjaya Media posts wider net loss in the second quarter

TheStar Fri, Dec 07, 2018 08:01am - 5 years View Original


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.

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.

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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