ADVERTISEMENT

Higher profit for Star Media Group


PETALING JAYA: Improved operations and continued cost-management measures saw Star Media Group Bhd ’s profit before tax come in higher by 173% to RM17.59mil for the first quarter ended March 31, 2018 (1Q18).

In a filing with Bursa Malaysia, the media group said on Wednesday it also saw lower depreciation expenses from its print segment as a result of impairment of printing assets and a manpower-rationalisation exercise comprising a mutual separation scheme/early retirement option that was carried out in financial year 2017. 

Corporate News , Advertising & Media

   

ADVERTISEMENT