PETALING JAYA: Star Media Group Bhd
(SMG) has posted a net profit of RM57mil in the fourth quarter of its 2024 financial year largely coming from RM55mil as settlement agreement with JAKS Resources Bhd and the better performance by its radio business.
For the financial year 2025, SMG said the outlook for the media industry is expected to remain challenging with the economic disruptions caused by geopolitical tensions from war conflicts, and the trade wars started by the U.S. recently.
