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Media Prima Records Modest Profits Amid Industry Challenges. February 28, 2024. As announced by the Company on 25 August 2022, the financial year end of the Group has been changed from 31 December to 30 June.
Feb 28, 2024 · KUALA LUMPUR: Media Prima Bhd, Malaysia's leading and largest integrated media group, posted a net profit of RM26.0 million on RM437.7 million revenue for the six months ended Dec 31 2023, despite industry and economic challenges.
Feb 28, 2024 · Media Prima, which posted a net profit of RM24.77 million in the first six months of FY2024, said that the second half of 2024 will remain challenging as advertising expenditure continues to be affected by consumer sentiment, coupled with geopolitical and economic uncertainties.
In the face of a challenging economic landscape and geopolitical uncertainties, Media Prima achieved a nine-month revenue of RM650.9 million. For the third quarter ended Mar 31, 2024, Media Prima recorded a net profit of RM1.9 million on RM213.2 million revenue.
Oct 26, 2022 · BusinessToday spoke to Dato' Khairul Anwar Salleh, CEO of Media Prima Television Networks and Primeworks Studio on his thoughts on the challenges plaguing the media ecosystem and media trends and news that Malaysian readers are consuming, to name a few.
Sep 1, 2023 · Hong Leong Investment Bank (HLIB) Research has maintained its “sell” rating on Media Prima Bhd at 44.5 sen with an unchanged target price (TP) of 31 sen.
May 29, 2024 · In the face of a challenging economic landscape and geopolitical uncertainties, Media Prima achieved a nine-month revenue of RM650.9 million amid cutbacks in spending from several major advertisers.
