PETALING JAYA: Star Media Group Bhd

(SMG) posted revenue of RM39.4mil for the first quarter ended March 31, 2026 (1Q26), down 34% from the corresponding quarter a year ago.

The decline was mainly due to the completion of the Star Business Hub development project in 2Q25, SMG said in a filing with Bursa Malaysia.

It said the media landscape also faced headwinds as advertising expenditure softened amid broader economic uncertainties and geopolitical tensions. As a result, the group posted a loss before tax of RM10.3mi in 1Q26, compared with a profit before tax of RM0.7mil in the same period a year earlier.