PETALING JAYA: Star Media Group Bhd (SMG) is optimistic its property development and investment segment would compensate for the challenging outlook in advertising expenditure.
PETALING JAYA: Star Media Group Bhd (SMG) posted a higher pre-tax profit of RM5.5mil in the fourth quarter of 2023 (4Q23) compared with RM1.7mil in the previous corresponding period.
Star Media Group Bhd (SMG) posted a higher pre-tax profit of RM5.5mil in the fourth quarter of 2023 (4Q23) compared with RM1.7mil in the previous corresponding period.
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.