Berjaya Media posts wider net loss in the second quarter

?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday

PETALING JAYA: Berjaya Media Bhd, the publisher of theSun newspaper, reported a wider net loss of RM2.57mil in the second quarter ended Oct 31 on the back of declining advertising income.

The group said in a Bursa Malaysia filing that its net loss in the three-month period had increased from a net loss of RM2.54mil in the previous year’s corresponding quarter.