Media Chinese 1Q profit slips 26% on lower publishing and printing revenue
The Edge Markets - Malaysia·2019-08-28 22:21
KUALA LUMPUR (Aug 28): Declining revenue from publishing and printing, and the travel segment hurt Media Chinese International Ltd in the first quarter ended June as earnings fell by a fourth to RM9.36 million against RM12.6 million a year ago.
A weaker ringgit and Canadian dollar (against the greenback) also had an impact of approximately US$1.63 million on Group turnover and US$127,000 on Group profit before income tax, said Media Chinese in a filing with Bursa Malaysia today.
……Read full article on The Edge Markets - Malaysia
Business
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App