In a filing with Bursa Malaysia today, the company said the lower revenue was mainly due to a decrease in subscription and advertising revenue impacted by the Covid-19 pandemic but which was offset by an increase in merchandise sales. — Reuters pic
As for the television segment, it said the revenue for the current quarter of RM946.1 million was lower by RM104.4 million or 9.9 per cent against the corresponding quarter of RM1.05 billion, mainly arising from a decrease in subscription and advertising revenue. “Cost reduction measures were taken by management which helped reduce operating costs to mitigate the revenue impact,” it said.
Padan muka.
Netflix and Amazon is better...
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