KUALA LUMPUR, 30 May 2019 – Media Prima Berhad (“Media Prima” or the “Group”), Malaysia’s leading fully-integrated media group, announced today its first quarter results for the period ended 31 March 2019 (“1QFY19”). As the media industry continued to face challenges within the current economic landscape, Media Prima’s commerce initiatives, led by its homeshopping segment,…
KUALA LUMPUR, 10 May 2019 – Media Prima Berhad (“Media Prima” or the “Group”), Malaysia’s largest integrated media group, announced at its 18th Annual General Meeting (“AGM”) that the improved performance for the financial year ended 31 December 2018 (“FY18”) is a testament that the Group’s transformation journey, which focuses on revenue diversification, is bearing…
● Profit after tax increased to RM59.0 million on the back of successful revenue diversification and asset-light strategies in FY18. ● Digital and commerce revenue in FY18 increased by 76% to RM301.0 million; offsets decline in traditional revenue to overall Group revenue. ● Group revenue dropped by 1% in FY18, compared to a 7% decline…
● Digital and commerce revenue combined increased to RM216.2 million in 9MFY18. ● Initiatives to increase digital and commerce revenue include strategic collaborations with regional and global partners, and the launch of new brands. ● Group revenue amounted to RM894.8 million for 9MFY18. KUALA LUMPUR, 21 November 2018 – Media Prima Berhad (“Media Prima”…
KUALA LUMPUR, 30 August 2018 – Media Prima Berhad (“Media Prima” or the “Group”), Malaysia’s largest integrated media Group, announced today that its improved financial performance for the six months ended 30 June 2018 (“1HFY18”) is attributed to the on-going business transformation initiatives to become Malaysia’s leading digital-first content and commerce company. The Group…
The most-accessible home shopping network in Malaysia will bring the shoppertainment experience to more than one million unifi TV subscribers KUALA LUMPUR, 7 June 2018 – Media Prima Berhad’s (“Media Prima” or the “Group”) home shopping network, CJ WOW SHOP, has partnered with Malaysia’s premier high-speed broadband service provider, Telekom Malaysia Berhad’s (“TM”) unifi, in-line…
Kuala Lumpur, 22 February 2018 – Media Prima Berhad (“Media Prima” or the “Group”), Malaysia’s leading integrated media group, is confident that results derived from strategic initiatives implemented during the financial year ended 31 December 2017 (“FY2017”) – including an 89% revenue increase in Media Prima’s total digital and commerce revenue – will accelerate the…
BANGSAR, 18 January 2016 – Media Prima Berhad (“Media Prima” or “the Group”), Malaysia’s leading fully-integrated media investment company today announced that it’s wholly owned subsidiary, Sistem Televisyen Malaysia Berhad (“STMB”), has entered into a Joint Venture Agreement (“Agreement”) with South Korea’s CJ O Shopping Co. Ltd (CJO) to set up a company to establish…