The Star Media Group recorded revenue of RM39.4 million in Q1 2026, representing a 34% decrease from RM59.4 million in Q1 2025. This contraction it added was mainly attributable to the completion of the Star Business Hub development project in Q2 2025. Additionally, the media landscape faced headwinds as advertising expenditure softened across market, influenced by broader economic uncertainties and geopolitical tensions.
Consequently, the Group recorded a loss before tax of RM10.3 million, a reversal from RM0.7 million profit achieved in Q1 2025. Loss for the period was RM8 million against RM314,000 profit in the same period last year. Performance of the respective business segments for Q1 2026 compared to the corresponding quarter of 2025 are as follows: –
Print, Digital and Events – Revenue moderated by 13% to RM31.0 million in Q1 2026 (Q1 2025:
RM35.4 million), leading to a loss before tax of RM5.6 million. The performance was hampered
by cautious advertiser sentiment amidst a volatile global economy
Radio Broadcasting – Revenue saw a 11% decline to RM7.9 million in Q1 2026 (Q1 2025: RM8.8
million), resulting in lower profit before tax of RM1.0 million (Q1 2025: RM1.9 million). The
segment was impacted by competitive pricing pressures and cautious advertising spend by
clients.
Property Development & Investment – This segment recorded a decline in revenue to RM2.0
million from RM16.5 million in Q1 2025. The decrease was primarily due to the completion of the
Star Business Hub development project. Correspondingly, the segment recorded a loss before tax of RM0.2 million compared to profit before tax of RM6.5 million recorded in Q1 2025.
