ADVERTISEMENT

Berjaya Media Q4 net loss narrows to RM6mil


In a filing with Bursa Malaysia, the group said that the lower losses were mainly because there was no further impairment loss on publishing rights incurred during the current quarter, as compared to a RM12mil impairment loss in the preceding period.

In a filing with Bursa Malaysia, the group said that the lower losses were mainly because there was no further impairment loss on publishing rights incurred during the current quarter, as compared to a RM12mil impairment loss in the preceding period.

PETALING JAYA: Berjaya Media Bhd continues to be in the red although it has narrowed its loss for the fourth quarter ended April 30. For the quarter, its net loss narrowed to RM6.03mil from RM14mil previously on the back of a 28.4% drop in revenue to RM6.5mil.

In a filing with Bursa Malaysia, the group said that the lower losses were mainly because there was no further impairment loss on publishing rights incurred during the current quarter, as compared to a RM12mil impairment loss in the preceding period.

Corporate News , Berjaya , Media , loss

   

ADVERTISEMENT