PETALING JAYA: Media Prima Bhd
fell into the red in the financial year ended Dec 31, 2016 (FY16), as it incurred RM97.9mil from a one-off restructuring exercise and RM43.4mil in start-up costs for new initiatives.
In a filing with Bursa Malaysia, the media company reported a loss of RM59.2mil in FY16 against earnings of RM138.7mil in the preceding year.
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