Kuala Lumpur, 29 November 2016 – Media Prima Berhad (“Media Prima” or “The Group”), Malaysia’s largest integrated media company today announced its third quarter financial results which incorporated its undertaking of a key restructuring exercise to optimise its print manufacturing operations. This involves optimising the Group’s printing plant capacity, a strategic plan that allows Media Prima to unlock potential cost savings while the Group continues to invest in digital expansion activities and new business initiatives in line with the shift in consumers’ preference for digital content.

The one-off expenses of the restructuring exercise of its print manufacturing operations and the start-up costs of its new ventures are reflected in Media Prima’s financial results for the first nine months of the financial year ending 31 December 2016 which the Group also announced today.

Item   9M 2016
9M 2015
1. Revenue 970.4m 1,060.6m (9%)
2. Profit Before Tax 61.1m 144.3m (70%)
3. Exceptional Items (“EI”)
i. One-off Restructuring Expenses (Print Manufacturing Operations) 104.6m NA
ii. Start-up costs of New Initiatives 12.7m NA
4. Profit After Tax/Loss After Tax (71.6m) 106.7m (>100%)
5. Normalised Profit After Tax (Excluding EI) 45.6m 106.7m (57%)
  • Media Prima recorded revenue of 4 million and registered normalised Profit After Tax (PAT) of RM45.6 million for first nine months of the financial year ending 31 Dec 2016.
  • New Straits Times Press (M) Berhad implemented the restructuring of its printing manufacturing operations and implemented a one-off restructuring expenses of RM104.6 million (“Restructuring Expenses”)
  • Media Prima implemented new business initiatives (“New Initiatives”) which incurred start-up costs due to gestation period.
  • Incorporating the one-off Restructuring Expenses and also the start-up costs of the New Initiatives, Media Prima recorded Loss After Tax (LAT) of RM71.6 million.

[spacer size=”20″]
Media Prima’s performance for the year remains affected by the soft consumer sentiments and the overall challenging operating environment. Having anticipated this, Media Prima had made significant investments in several new initiatives in early 2016, which not only provided a potential for medium-to-long term growth but also cushioned the impact of declining ADEX and newspaper circulation. Nonetheless, these initiatives have incurred start-up costs due to gestation period as reflected in the Group’s lower earnings compared to the same period in 2015.

The new initiatives undertaken by Media Prima, through the Group’s media platforms, include the launch of CJ Wow Shop (home shopping), revamp of tonton (Over the Top (OTT) video streaming portal) and the launch of Kool FM. The Group had also earlier this year launched several digital initiatives such as the interactive learning portal FullAMark, e-magazines as well as popular mobile applications capitalising on Media Prima’s Intellectual Properties.

Datuk Seri FD Iskandar, Group Chairman of Media Prima said, “Even under the prevailing soft market conditions, the Group was able to record modest results through our integrated media businesses. Our Out-of-Home and Radio media platforms recorded commendable revenue growth during the period. This clearly reflects the Group’s ability to remain resilient while weathering the uncertainties in the market with sound business strategies and smart industry collaborations.”

He added that Media Prima remains committed to deliver value to the shareholders and reiterated that the Group is in a strong cash position in spite of the restructuring exercise and investments in the new initiatives. Media Prima today announced a second interim, single tier dividend of 2.0 sen per ordinary share for the financial year ending 31 December 2016. The total dividends declared for the current financial period ended 30 September 2016 is 4.0 sen.

Big Tree Outdoor (“BTO”), the Group’s OOH advertising company and Media Prima Radio Network (“MPRN”), registered revenue of RM115.9 million and RM49.2 million respectively against RM112.0 million and RM47.4 million year-on-year (y-o-y). OOH and MPRN also recorded an encouraging PAT growth y-o-y of 3% and 18% respectively.

Media Prima Television Network (“MPTN”) recorded a marginal increase in revenue despite the lacklustre ADEX across the industry, registering a total of RM466.8 million in revenue against the RM463.1 million recorded within the same corresponding period of last year. MPTN’s CJ Wow Shop, had played a significant part in offsetting MPTN’s lower advertising revenue, contributing close to RM40.0 million in revenue in a period of six months since its launch in April 2016.

The challenging operating environment has impacted Media Prima’s Print and Content Creation businesses where both registered a decline in revenue and earnings for the first nine months under review. Print revenue declined by 22% y-o-y and incurred a LAT of RM125.4 million on the back of the restructuring exercise, lower ADEX (21% decline y-o-y) and continued decline in newspaper sales (26% decline y-o-y). Excluding the one-off restructuring expenses, Print recorded a LAT of RM20.8 million compared to PAT of RM24.2 million in 2015. Media Prima’s Content Creation unit also posted a revenue decline of 5% y-o-y and recording a PAT of RM7.7 million due to lower sales.

Dato’ Sri Amrin Awaluddin, Group Managing Director of Media Prima said, “The Group is continuously reviewing its business operations to improve its cost structure and actively growing its digital presence as part of the Group’s medium-term strategy to meet consumer demands. The restructuring of our printing plant operations, for instance, is to reduce our printing capacity and optimising cost efficiencies. This is in line with the declining circulation of physical newspapers across the industry and the significant increase in readership of the electronic versions, as recorded by the New Straits Times, BH and Harian Metro since January 2016”.

He further added that the digital initiatives undertaken earlier this year such as the revamp of tonton have enabled the popular video portal to increase its revenue through subscription fees compared to previous years. Meanwhile, Media Prima Digital (“MPD”) is expected to be able to monetise the
growing reach of its mobile applications which in less than a year, has a combined total of over 900k downloads.

“While the Group is pleased with the progress made by our new initiatives, the remainder of the year is expected to remain challenging. Within the media industry, the Group continues to face challenges from factors such as consumer fragmentation, technological advancements, the shift in advertisement to digital and increased competition from global media players,” he said.

The outlook for OOH is expected to remain positive with the continuous roll-out of digital assets and investment into recently secured concessions such as the Light Rapid Transport’s Line Extension and Mass Rapid Transport’s Exterior Outdoor Advertising for Package B. Radio will continue to offer its integrated radio solutions and further capitalise on the increased listenership of MPRN’s radio stations as reported by the recent GFK Radio Audience Measurement Survey.

Television will continue to face soft ADEX while its new initiatives will be able to contribute to its revenue moving forward. Meanwhile, Print will continue to focus on monetising its digital initiatives such as FullAMark, e-magazines and other digital publications. MPD will continue to support all digital initiatives within the Group and further grow its mobile applications business while Content Creation will focus to grow external revenue through advertiser content and tapping into international markets through original content programming for video on demand services.


For further information, kindly contact:
Media Prima Berhad at: 603- 1300 300 672 Ext: 8949 or 03 – 2724 8949
Azlan Abdul Aziz at [email protected] or 6012-614 0522
www.mediaprima.com.my | http://twitter.com/MPBtalk


  1. Get More Followers On INSTAGRAM Free Fast 2020 APRIL

    First, gift your unique view of the world. Instagram is a area where you make and discharge duty your own lifestyle. make a strategy (that is, clarify your goals and methods by which you will take on board them), and after that consistently espouse it by regularly publishing the content.
    Check what photos acquire the most likes. Instagram users prefer illustrations in spacious tones, similar to lightening filters, preferring blues rather than shades of red. You can apply filters from Instagram, but you can then use more powerful apps, such as Vsco, Afterlight or Snapseed, in which we will locate a lot of great effects and editing options for our photos. The mobile (and free!) relation of Lightroom – one of the best photo paperwork programs from the Adobe suite – is moreover no question popular.
    Afterlight is actually quite a easy tool, but it contains all the vital functions and as many as 74 vary effects. One of the most engaging options is put emphasis on Tone, which allows you to approach going on the blue color, which gives the photos a cleaner, fresher look. Snapseed, in turn, allows for selective settings in a agreed area of the photo, which works good in situations where we desire to focus the viewer’s eyes on a specific place of the photo. on the extra hand, Lightroom will allow you to precisely adapt the brightness and saturation of the prearranged color, e.g. by playing subsequent to the blue color slider you can make water and atmosphere get a well-liked turquoise shade.
    Camera + is plus a great application (only for iOS). It costs $ 2.99, which is adequately worth investing! It will permit you to acquire effects thesame to professional equipment. This application has been approved by era and Wall Street Journal for making vis–vis every shot look native and great.

    Free Likes And Followers For Ig 2020 MAY
    Insta Followers 2020 MAY
    Get Free INSTAGRAM Followers No Human Verification 2020 APRIL
    Gain INSTAGRAM Followers Without Surveys 2020 APRIL

  2. I love what you guys tend to be up too. Such clever work and coverage!
    Keep up the amazing works guys I’ve added you guys to blogroll.

  3. First of all I would like to say terrific blog!
    I had a quick question which I’d like to ask if you
    don’t mind. I was curious to know how you center yourself and clear your head
    before writing. I’ve had a difficult time clearing my thoughts in getting
    my ideas out. I truly do take pleasure in writing but it just seems like the first 10 to 15 minutes tend to be lost just
    trying to figure out how to begin. Any ideas or hints?

    Many thanks!

  4. I will right away grab your rss feed as I can not to find
    your email subscription hyperlink or newsletter service. Do
    you’ve any? Kindly permit me recognize so that I may
    just subscribe. Thanks.

  5. Oh my goodness! Incredible article dude! Thanks, However I
    am going through issues with your RSS. I don’t know the reason why I can’t join it.
    Is there anybody else getting similar RSS problems? Anybody who knows the
    solution can you kindly respond? Thanx!!

  6. Thank you very much for the invitation :). Best wishes.
    PS: How are you? I am from France 🙂

  7. With havin so much content do you ever run into any
    problems of plagorism or copyright violation? My blog has a lot of unique content I’ve either authored myself or outsourced but it appears a lot of it
    is popping it up all over the web without my permission. Do you know any
    methods to help stop content from being ripped off?
    I’d definitely appreciate it.

  8. I like the helpful info you provide in your articles.
    I will bookmark your blog and check again here frequently.

    I am quite certain I’ll learn many new stuff right here!

    Best of luck for the next!

  9. This is the perfect site for anyone who really wants to find out about this topic.
    You know so much its almost tough to argue with you (not that I really would want to…HaHa).
    You definitely put a new spin on a subject which has been discussed for a long time.
    Excellent stuff, just great!

  10. I like the helpful info you provide in your articles. I’ll bookmark your blog and check again here frequently.
    I’m quite sure I’ll learn a lot of new stuff right here!
    Best of luck for the next!

  11. obviously like your web site however you need to take a
    look at the spelling on several of your posts. Many of them are rife with spelling problems and I find it very bothersome to inform the truth nevertheless I’ll certainly come
    again again. 34pIoq5 cheap flights

  12. naturally like your web site however you need to check
    the spelling on quite a few of your posts. Several of them are rife
    with spelling issues and I in finding it very bothersome to tell the reality however I will definitely come again again.

  13. For most recent news you have to visit world-wide-web and on the web I found this website
    as a finest web page for most recent updates.
    y2yxvvfw cheap flights

  14. hi!,I love your writing so much! share we be in contact extra
    about your article on AOL? I need a specialist on this area to
    unravel my problem. Maybe that is you! Having a look ahead to see you.

  15. Excellent article. Keep posting such kind of information on your
    page. Im really impressed by your blog.
    Hello there, You have performed an incredible job. I will certainly digg it and in my opinion recommend to my friends.
    I am confident they will be benefited from this web site.

  16. Nice post. I learn something totally new and challenging on blogs I stumbleupon everyday.
    It’s always interesting to read content from other authors
    and practice something from their sites.

  17. Simply want to say your article is as surprising. The clearness in your
    submit is simply excellent and that i can suppose you’re an expert on this subject.
    Well together with your permission let me to grasp your feed to stay up to
    date with coming near near post. Thank you a million and please carry on the enjoyable work.

  18. I have been exploring for a little bit for any high-quality articles or
    weblog posts on this kind of space . Exploring in Yahoo I at last stumbled upon this web site.
    Reading this info So i’m satisfied to exhibit that I have a very just right uncanny feeling I found out just what I
    needed. I most definitely will make certain to do not disregard this website
    and give it a look on a relentless basis.

  19. Heya i’m for the first time here. I came across this board and I find It truly useful & it helped me out much.
    I hope to give something back and help others like you helped me.

  20. Hi all, here every one is sharing these experience, thus it’s fastidious
    to read this blog, and I used to pay a quick visit this webpage all the time.

  21. Hello, this weekend is fastidious in support of me, since this time i am reading this
    great educational article here at my home.

  22. Hi, I do think this is a great website. I stumbledupon it 😉 I’m
    going to come back once again since I bookmarked it. Money and freedom is
    the greatest way to change, may you be rich and continue to guide others.

  23. Hi to every body, it’s my first pay a visit of this
    web site; this webpage contains awesome and really
    good information in favor of visitors.

  24. Hey there! Do you know if they make any plugins to protect
    against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any suggestions?

  25. Just desire to say your article is as surprising. The clarity for your publish is simply nice and that i can think
    you are knowledgeable on this subject. Fine together with
    your permission let me to snatch your feed
    to stay updated with impending post. Thank you one million and please continue
    the gratifying work.

  26. It’s perfect time to make a few plans for the longer term and it’s
    time to be happy. I’ve read this submit and if I may I want to recommend you
    some fascinating issues or tips. Perhaps you can write subsequent articles regarding this article.
    I wish to read more things about it!

  27. I’ve been exploring for a little for any high quality articles or blog posts in this kind of space .

    Exploring in Yahoo I ultimately stumbled upon this site.
    Studying this info So i am satisfied to convey that I’ve a very just right uncanny
    feeling I found out exactly what I needed. I most certainly will make certain to don?t overlook this site and provides
    it a glance on a continuing basis.

  28. Hi, i think that i saw you visited my weblog thus i came to “return the favor”.I’m trying to find things to improve my web site!I suppose its ok to use a few of your ideas!!

  29. Excellent post. I was checking continuously this blog and I’m impressed! Extremely helpful information particularly the last part 🙂 I care for such info a lot. I was seeking this particular info for a very long time. Thank you and best of luck.|

  30. I know this if off topic but I’m looking into starting my own blog and was curious what all is required to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet smart so I’m not 100% positive. Any suggestions or advice would be greatly appreciated. Thank you|

  31. Hi! This is my first visit to your blog! We are a team of volunteers and starting a new initiative in a
    community in the same niche. Your blog provided us
    valuable information to work on. You have done a wonderful job!

  32. Hello there! I know this is kinda off topic however , I’d figured I’d ask.
    Would you be interested in trading links or maybe guest authoring
    a blog article or vice-versa? My blog addresses a lot of the same topics as yours
    and I believe we could greatly benefit from each other.
    If you’re interested feel free to shoot me an email. I look forward to hearing from you!
    Wonderful blog by the way!

  33. Hmm it looks like your site ate my first comment (it was extremely long) so I guess I’ll just
    sum it up what I submitted and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog writer but I’m still new to the whole thing.
    Do you have any tips for newbie blog writers? I’d genuinely appreciate it.

  34. Somebody essentially assist to make seriously posts I’d state.
    That is the first time I frequented your website page and thus far?
    I surprised with the analysis you made to create this actual post extraordinary.
    Wonderful task!

  35. I don’t even know how I ended up here, but I thought this post was good.
    I do not know who you are but certainly you are going to a famous blogger if
    you aren’t already 😉 Cheers!

  36. Wow that was odd. I just wrote an really long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say wonderful blog!|

  37. You could certainly see your skills in the work you write.
    The world hopes for more passionate writers like you who aren’t afraid
    to mention how they believe. At all times go after your heart.
    ps4 games 185413490784 ps4 games

  38. You made some really good points there. I checked on the web for more information about the issue and found most people will go along with your views on this web site.|

  39. Great post. I was checking continuously this blog and I am impressed! Extremely useful info particularly the last part 🙂 I care for such info a lot. I was seeking this particular information for a long time. Thank you and best of luck.|

  40. Thanks on your marvelous posting! I quite enjoyed reading it,
    you can be a great author. I will be sure to bookmark your blog
    and will eventually come back in the future. I want to encourage you to continue your great work, have a nice morning!
    games ps4 185413490784 games ps4

  41. Do you have a spam issue on this blog; I also am a blogger, and I was wanting to know your situation; we have
    created some nice methods and we are looking to
    swap strategies with others, please shoot me an e-mail if interested.

  42. Its like you learn my thoughts! You seem to grasp a lot approximately this,
    like you wrote the ebook in it or something.

    I believe that you could do with some % to power the message home a little bit,
    however instead of that, this is wonderful blog. A fantastic read.
    I will certainly be back.

  43. Every weekend i used to visit this website, for the reason that i want enjoyment,
    since this this web site conations genuinely nice
    funny data too.

  44. Hello there! I know this is kinda off topic but I’d figured I’d ask.
    Would you be interested in exchanging links or maybe guest writing a
    blog article or vice-versa? My website goes over a lot of the same subjects as yours and
    I think we could greatly benefit from each other. If you’re interested feel free to shoot me an e-mail.
    I look forward to hearing from you! Excellent blog by the way!
    0mniartist asmr

  45. Hi there, I believe your blog could possibly be having
    browser compatibility problems. Whenever I look at your
    blog in Safari, it looks fine however, when opening in I.E., it has some overlapping issues.
    I simply wanted to provide you with a quick heads up!
    Aside from that, excellent website! asmr 0mniartist

  46. Hey there, I think your website might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, excellent blog!|

  47. Hello! I simply wish to give you a huge thumbs up for your excellent
    info you’ve got here on this post. I’ll be coming back to your web site for more

  48. Hi! Do you use Twitter? I’d like to follow you if that would be okay.

    I’m definitely enjoying your blog and look forward to new posts.

  49. Hi! This is my 1st comment here so I just wanted to give
    a quick shout out and tell you I truly enjoy reading through
    your blog posts. Can you suggest any other blogs/websites/forums that go over the
    same subjects? Many thanks!

  50. hi!,I love your writing very much! proportion we keep up a correspondence more about your post on AOL?
    I require an expert on this space to resolve my problem.
    May be that’s you! Taking a look forward to see you.

  51. Good day! This is my first visit to your blog! We are a group of volunteers and
    starting a new project in a community in the same niche.
    Your blog provided us valuable information to
    work on. You have done a marvellous job!

  52. What’s up, after reading this awesome piece of writing i am too delighted to
    share my familiarity here with colleagues.

  53. Good day! Do you use Twitter? I’d like to follow you if that would be ok.

    I’m definitely enjoying your blog and look forward to new posts.

  54. This is a great tip particularly to those new to the blogosphere.
    Simple but very precise information… Appreciate your sharing this
    one. A must read article!

  55. scoliosis
    You really make it seem really easy together with your
    presentation but I find this topic to be actually one thing that I believe I might by no means understand.
    It kind of feels too complicated and very broad for me.
    I am having a look ahead for your subsequent publish, I
    will attempt to get the grasp of it! scoliosis

  56. scoliosis
    When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get four
    emails with the same comment. Is there any way you can remove people from
    that service? Bless you! scoliosis

  57. free dating sites
    I know this if off topic but I’m looking into starting my own blog and was wondering what
    all is needed to get set up? I’m assuming
    having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% sure. Any suggestions or advice would be greatly
    appreciated. Appreciate it free dating sites

  58. I was suggested this web site by my cousin.
    I’m not sure whether this post is written by him
    as no one else know such detailed about my problem.
    You are wonderful! Thanks!

  59. May I just say what a comfort to uncover someone
    who really knows what they are talking about on the internet.
    You definitely understand how to bring a problem to light
    and make it important. More people need to read this and
    understand this side of the story. I was surprised that you are not more popular because you definitely have the gift.

  60. Great post. I was checking continuously this weblog and I am inspired!
    Very helpful information specifically the remaining
    part 🙂 I deal with such info much. I used to be looking for this
    certain information for a long time. Thank you and best of luck.

  61. Hey! This is my first comment here so I just wanted
    to give a quick shout out and say I genuinely enjoy reading your
    posts. Can you recommend any other blogs/websites/forums that
    go over the same subjects? Many thanks!

  62. Thanks for your marvelous posting! I quite enjoyed reading it, you
    happen to be a great author.I will remember to bookmark your blog and
    may come back in the foreseeable future. I want to encourage that you continue your great posts, have a nice day!

  63. I just could not depart your website before suggesting that I actually enjoyed the usual info an individual supply to your guests? Is going to be again ceaselessly to investigate cross-check new posts.

  64. No matter if some one searches for his essential thing, thus he/she desires to be available that in detail, thus that thing is maintained
    over here.

  65. Your style is really unique in comparison to other folks I’ve read stuff from.
    Thank you for posting when you’ve got the opportunity,
    Guess I’ll just book mark this page.

  66. Wonderful work! This is the kind of info that should be shared across the
    web. Disgrace on the search engines for no longer
    positioning this publish higher! Come on over and discuss with my website
    . Thank you =)

  67. fantastic issues altogether, you just gained
    a new reader. What might you suggest in regards to your post
    that you simply made some days in the past? Any positive?

  68. Having read this I believed it was extremely enlightening.
    I appreciate you taking the time and effort to put this article together.
    I once again find myself spending a lot of time both reading
    and posting comments. But so what, it was still worthwhile!

  69. Hi, I do believe this is an excellent website. I stumbledupon it 😉 I will revisit once again since i have book marked it.
    Money and freedom is the greatest way to change, may
    you be rich and continue to help others.

  70. Hey there! Someone in my Facebook group shared this website with us so I came to look it over. I’m definitely loving the information. I’m book-marking and will be tweeting this to my followers! Great blog and wonderful design.

  71. whoah this blog is great i like reading your articles. Keep up the great
    work! You realize, a lot of people are looking around for this information,
    you can help them greatly.

  72. Thanks for a marvelous posting! I definitely enjoyed reading it, you’re a great author.I will
    ensure that I bookmark your blog and will come back later in life.
    I want to encourage continue your great work, have a nice morning!

  73. Hey I know this is off topic but I was wondering if you knew of any
    widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time
    and was hoping maybe you would have some experience with something like this.
    Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
    scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

Leave a Reply

Your email address will not be published.

Post comment