Latest news with #MediaPrima
New Straits Times
29-05-2025
- Business
- New Straits Times
Media Prima recognised for leadership, learning and inclusive excellence
KUALA LUMPUR: Malaysia's largest integrated media group, Media Prima Bhd, was honoured with three awards at the Employee Experience Awards 2025 Malaysia, hosted by Human Resources Online. The group secured two gold awards for Best Diversity and Inclusion Strategy in the leadership category, and another for Best Skilling Strategy in the learning category. It also received a bronze award for Best Hybrid Work Model under the engagement category, reflecting its strong commitment to employee engagement and well-being. "The awards were presented during a gala dinner held on May 23 and featured four key categories - leadership, engagement, learning, and talent acquisition. "The entries were evaluated by a panel of 22 human resources leaders, including senior professionals from leading companies," it said in a statement today. The group said these recognitions highlight Media Prima's ongoing efforts, led by its group human resources team, to create a supportive and progressive work environment and reinforce its position as a leading employer in the industry. Media Prima human resources director Nor Arzlin Redzwan said the award reflects the group's continuous dedication to building a vibrant and encouraging workplace where everyone can grow and succeed. "It energises us to consistently innovate and enhance our initiatives, solidifying Media Prima's position as a place where careers thrive and individuals reach their fullest potential," she said. Group managing director Rafiq Razali said the awards for leadership, learning, and engagement are a reflection of the company's dedication to its people. "This recognition is a direct reflection of their dedication. "We will leverage this momentum to continuously improve our work culture, ensuring it remains a workplace where talent thrives, inclusion is celebrated, and growth is fostered," he said.
New Straits Times
28-05-2025
- Business
- New Straits Times
Media Prima posts results that reflect adverse market conditions, ongoing industry evolution
KUALA LUMPUR: Media Prima Bhd, the country's largest integrated media group, posted RM211.6 million revenue and RM1.0 milion net profit in the third quarter ended March 31 2025 (Q3 FY25). The results were supported by an 11 per cent year-over-year growth in non-advertising revenue, which enabled the group to balance the impact of adverse market conditions on advertising revenue. Culmulatively, Media Prima's revenue in the first nine months stood at RM634.5 million, with a net profit of RM6.9 million. The performance was achieved amid challenging market conditions and ongoing industry evolution throughout the period, the company said. The results also reflect the group's efforts in managing its diverse portfolio which include broadcasting, publishing, digital media, out-of-home, home shopping and Omnia, an integrated media solutions and creative services provider. Media platforms that recorded encouraging performance include home shopping and audio under the broadcasting segment. Group chairman Datuk Seri Dr Syed Hussian Aljunid said the results reflect the ongoing dynamic nature of the media industry and broader economic conditions. He said the group remains steadfast in executing its three-year strategic roadmap, which emphasises enhancing content quality, premiumising inventory and diligently identifying new revenue opportunities. "These initiatives are crucial for building resilience and establishing a solid foundation for sustainable growth. "Our commitment to improving operational effectiveness across all segments is unwavering as we navigate current market challenges," he said. Group managing director Rafiq Razali said Media Prima is navigating a complex market which includes significant shifts in advertising and consumer behaviour. He said the home shopping segment's quarterly performance is encouraging. "While certain segments faced headwinds, particularly in advertising revenue, our focus remains on prudent cost management and the strategic execution of our business plan. "We are continuously working to enhance our operational effectiveness while relying on data insights to understand audience preference and market trends to deliver value," he said. Rafiq added that Media Prima will maintain a prudent perspective for the rest of the financial year, anticipating continued pressure on advertising expenditure due to economic uncertainties and the evolving media landscape.
Yahoo
25-05-2025
- Business
- Yahoo
Investors Will Want Media Prima Berhad's (KLSE:MEDIA) Growth In ROCE To Persist
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at Media Prima Berhad (KLSE:MEDIA) so let's look a bit deeper. We've discovered 4 warning signs about Media Prima Berhad. View them for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Media Prima Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.061 = RM60m ÷ (RM1.4b - RM402m) (Based on the trailing twelve months to December 2024). Thus, Media Prima Berhad has an ROCE of 6.1%. On its own that's a low return on capital but it's in line with the industry's average returns of 6.4%. See our latest analysis for Media Prima Berhad Above you can see how the current ROCE for Media Prima Berhad compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Media Prima Berhad for free. The fact that Media Prima Berhad is now generating some pre-tax profits from its prior investments is very encouraging. About five years ago the company was generating losses but things have turned around because it's now earning 6.1% on its capital. Not only that, but the company is utilizing 21% more capital than before, but that's to be expected from a company trying to break into profitability. This can tell us that the company has plenty of reinvestment opportunities that are able to generate higher returns. One more thing to note, Media Prima Berhad has decreased current liabilities to 29% of total assets over this period, which effectively reduces the amount of funding from suppliers or short-term creditors. Therefore we can rest assured that the growth in ROCE is a result of the business' fundamental improvements, rather than a cooking class featuring this company's books. Overall, Media Prima Berhad gets a big tick from us thanks in most part to the fact that it is now profitable and is reinvesting in its business. Since the stock has returned a staggering 162% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue. Media Prima Berhad does come with some risks though, we found 4 warning signs in our investment analysis, and 1 of those is a bit unpleasant... While Media Prima Berhad may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
New Straits Times
21-05-2025
- Business
- New Straits Times
Anwar: Malaysia to lead Asean towards becoming robust regional force
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim has outlined a strategic vision for Asean's growth, focusing on deeper economic integration, trade, and cross-border energy connectivity. Anwar said that as chair of Asean this year, Malaysia is determined to lead the bloc beyond its traditional role as a neutral platform and towards becoming a more robust regional force. "As part of this year's priorities, we are focusing on strengthening Asean unity, enhancing economic and trade significance, and stimulating investment among member states. "One of the key initiatives being advanced is the Asean Power Grid project, which is seen as a major step forward in regional energy cooperation," he said. He made these remarks during a briefing session with local and international media editors at the Seri Perdana Complex today. Expanding on the Asean Power Grid project, Anwar said the initiative begins with a cable link connecting Vietnam to Peninsular Malaysia, with the potential for extension to Singapore. "In the first phase, the most economically viable route is to connect Vietnam to the north and south of Peninsular Malaysia, and subsequently to Singapore via our National Grid," he said. He said that in future phases, the project could be expanded to Cambodia, Thailand and Sarawak, tapping into the state's vast capacity in alternative energy, including gas. "This opens up possibilities to supply power to Kalimantan, Indonesia's new capital, and even the southern Philippines," he said. Also present at the briefing were Media Prima's News & Current Affairs (NCA) Group Managing Editor Jasbant Singh; Deputy Group Editor and New Straits Times Group Editor, Farrah Naz Abd Karim; NCA Television Networks Group Editor, Azhari Muhidin; Berita Harian Group Editor, Zulkifli Jalil; and Harian Metro Group Editor, Husain Jahit.
New Straits Times
21-05-2025
- Politics
- New Straits Times
Anwar: PKR elections won't prompt cabinet reshuffle
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim has reiterated that the 2025 PKR party elections will not trigger any Cabinet reshuffle. However, Anwar, who is also PKR president, said he would not stand in the way of any leader who wished to resign from government due to the outcome of the party polls. "This (party election) is a contest between close friends and loyal colleagues. "There is absolutely no question of changes to the Cabinet. "I don't know, but we cannot stop someone's aspirations (to resign from the Cabinet if they lose in the party polls). "If you ask me, there is absolutely no plan to carry out any reshuffle," he said during a media briefing with editors of local and international media at the Seri Perdana Complex here today. He was responding to comments by Economy Minister Datuk Seri Rafizi Ramli, who recently said he was prepared to step down from the Cabinet if he failed to retain his post as PKR deputy president in this month's party election. Also present at the briefing were Media Prima's News & Current Affairs (NCA) Group Managing Editor Jasbant Singh; Deputy Group Editor and New Straits Times Group Editor, Farrah Naz Abd Karim; NCA Television Networks Group Editor, Azhari Muhidin; Berita Harian Group Editor, Zulkifli Jalil; and Harian Metro Group Editor, Husain Jahit. Rafizi had made the remarks during a recent episode of the podcast Yang Bakar Menteri, titled Yang Berhenti Menteri?, saying he was ready to quit the Cabinet should he lose his position as PKR's number two. He said that even if he withdrew from the Cabinet, he would continue to serve as the member of parliament for Pandan and, in doing so, be free to speak openly on any matter. Commenting further, Anwar reminded party members to elect leaders who can strengthen the party's machinery. "With this contest, I stress: choose those who can help fortify the party's operations and harness all our strengths," he said. In the upcoming PKR elections this weekend, Rafizi will face off against Nurul Izzah Anwar in the race for the party's deputy presidency.
