PETALING JAYA: Star Media Group Bhd (SMG) posted a small rise in revenue for the third quarter of its 2023 financial year (3Q23) as it continues to sustain its revenue and overall financial performance, while remaining financially prudent.
For 2Q23, Star Media Group Bhd (SMG) recorded an increase revenue of 8% compared with 2Q22. The group registered a profit before tax of RM1.2mil for the quarter compared with RM2.1mil in 2Q22.
PETALING JAYA: For 2Q23, Star Media Group Bhd (SMG) recorded an increased revenue of 8% compared with 2Q22. The group registered a profit before tax of RM1.2mil for the quarter compared with RM2.1mil in 2Q22. The 2Q23 revenue was 12% higher compared with RM52mil in 1Q23 with the increase in revenue arising from its print, digital and events business, as well as its property development and investment arm.