CASH! Media Prima catat kerugian BERSIH berturut-turut

R2D2

Media Prima posts fifth consecutive loss for Q4 2017
| February 23, 2018


PETALING JAYA: Media Prima has continued its downward streak, posting a fifth consecutive quarterly loss with an income deficit of RM378.2 million against a net profit of RM5 million in its fourth quarter ended Dec 31 last year.

According to The Malaysian Reserve (TMR), revenue for the period dipped 4% year-on-year to RM306.2 million from RM318.6 million a year ago.

The media giant attributed its losses to a decline in advertising income and exceptional items amounting to RM302.7 million.

It said without the second factor, its net loss would have been RM82 million.

In the second quarter ended June 30, Media Prima had posted a pre-tax loss of RM135.6 million against a pre-tax profit of RM29.84 million in the same quarter a year ago.

Revenue eased to RM328.77 million from RM349.55 million previously due to changes in consumer behaviour and digital disruptions which impacted the media industry as a whole.

On its fourth quarter losses, Media Prima, which runs TV and radio stations and publishes various newspapers, said costs related to impairments and downsizing of its workforce had contributed to the decline.

TMR reported that total net loss for the financial year 2017 grew to RM650.6 million against RM59.2 million in FY16.

Turnover meanwhile dropped 7% to RM1.2 billion from RM1.3 billion previously.

Last August, Media Prima said it was exploring further cost saving initiatives given the decline in group revenue.

Among the initiatives cited were plans to trim the workforce in order to rationalise the group’s cost structure.

Earlier this year, Hong Leong IB Research said the print media business was expected to be hard hit by prolonged weak advertisement expenditure this year.

AmInvestment Bank Research meanwhile said the sector’s prospects in 2018 were tepid as digitalisation initiatives undertaken by the media companies remained ineffectual in cushioning the decline in adex rates.

chazey

Sekarang ni Astro yang berkuasa kan bab2 stasiun tivi ni?

iloveselangor

InsyaAllah tak lama lagi bungkus....

onexox97

oh ai tengok media prima je

tak untung untung jugak ke

multinicky

wow, baik jual tudung, dpt 50 juta sale

kaseh80

Kesiannya

R2D2

RTM pun sebab support dari gomen
entah2 memanjang rugi jugak

MarryPottet

Ni set set mydin lah neh
Macamanalah boleh rugi dikala ekonomi negara sedang giat pesat berkembang naik mencanak macam mercun roket
Shopping mall baru bercambah macam cendawan tumbuh di sana sini. Ikea dengan sogo pon dah tambah cawangan baru. Mohon pengurusan media prima menuntut ilmu meniaga dengan macai dedak supaya tak terusan rugi

bangcak

harap tvkini atau tvselangor bleh bantu tv3 yg sedang nazak.
tv3 sila belajar 'usahasama' proton-geely utk elak bungkus.

R2D2

belajar la dari 1MDB
jual aset
jual aset
tak dgr pulak rugi
yg ada cuma cite ttg hutang ja

umbut

Dulu2 tv3 lah paling gah..host semua famous.. skrg sendu...perubahan zaman ye.. sabarlah

dinopower2

chazey replied at 23-2-2018 10:28 PM
Sekarang ni Astro yang berkuasa kan bab2 stasiun tivi ni?

bkn la sis.... pndpt iklan merosot... n nst tu sakit.... pusing2 dok cite tv3 bankrup

dinopower2

umbut replied at 23-2-2018 11:09 PM
Dulu2 tv3 lah paling gah..host semua famous.. skrg sendu...perubahan zaman ye.. sabarlah

tv3 still menguasai market share la sis....
yg jd mslh pndpt iklan... dulu time tv swasta start takde sape konfiden model bisnes stesen tv bergantung pd pndptn iklan...

yg berangan depa bankrupt tu leh lupakan... sbb ujung direstructure..... tv3 dulu alami zaman gawat....time 98.....tp idup balik... beza skrg zaman berubah n makin mencabar... cara org tgk tv dah lama.... pengiklan ade alternatif lain....

sinalegna

Tulah dosa kutuk RTM dulu.. now adan uke

BookerT

itulah nyah..yang kau sibuk nak buat program bodoh buat apa nyah...999 sampai satu jam..harap mak hayam bekas penonggek air asia buat modal simbol seks nak tarik penonton....tayang wayang cina memalam jumaat...tayang american tv series dah tertunda bertahun pada zaman download ni?...itu belum masuk cj wow shop pelingkup kehidupan kekanak nak tengok kartun pepetang...tu tak masuk realiti tv bodoh yang recycle pengacara sama....lepas tu rugi...iklan pun tak nak masuk...

Tukul.Besi

I dah lama x tgk TV3. Cerita apa yang best sekarang?

Skuau

sapa nk tgok citer melayu....asyik gaduh laki bini,boifen girfren...pastu makan,borak dlm keta,bilik tidur,mall....tah pe2.

lostnfaun

Berita tv3 memanjang kata ekonomi bagus tp dia sendiri pun nk melingkup..

Patut la skrg tv3 byk dpt job gomen.. salah  satu cara nk tlg support skit ke?

kiambang

Lama dah tak tengok tv3...

missDollie

lostnfaun replied at 23-2-2018 04:11 PM
Berita tv3 memanjang kata ekonomi bagus tp dia sendiri pun nk melingkup..

Patut la skrg tv3 byk d ...

Ok ni lawak..ironi sangat..hahaha