The pre-tax profit is a significant jump from the RM0.57mil posted in the preceding quarter. It excludes the net gain from the disposal of Cityneon Holdings Ltd, which amounted to RM206.86mil.
PETALING JAYA: On the back of a tough operating environment for the media sector, Star Media Group Bhd
has recorded a net profit of RM87.44mil on a turnover of RM517.73mil for the financial year ended Dec 31, 2017 (FY17).
The group registered a net profit of RM116.91mil on a turnover of RM630.43mil in the previous financial year.
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