Petaling Jaya, Malaysia – Media Prima, an integrated media group based in Malaysia, has recorded a 3 percent growth, in Profit After Tax and Minority Interest (PATAMI) from Continuing Operations after Extraordinary Item (EI) of September 2012 compared to the corresponding period last year from RM132.60 million to RM136.73 million. Net revenue for the third quarter of 2012 grew by 5 percent to RM437.21 million compared to RM417.47 million recorded for the same period last year.

Media Prima’s Television Networks – comprising TV3, ntv7, 8TV and TV9 – remains as one of the main revenue contributors for the group. TV3 remains as one of the top free-to-air TV station with an audience viewing share of 26 percent on both free-to-air and pay TV. 

Other platforms of Media Prima have also reported revenue growth. NSTP, the print platform of the group, registered 2 percent growth in revenue for the third quarter of this year, from RM212.34 million in 2011 to RM217.11 million. While the Group’s Outdoor Media has a 6 percent increase in revenue due to more contributions from expressway and digital media.  

Media Prima’s Radio Networks, consisting of HotFM, FlyFM and OneFM, recorded 4 percent revenue growth with HotFM and OneFM achieving 5 percent revenue growth respectively. Media Prima’s Digital and Online Media division also reported a revenue increase of 65 percent, a from RM6.9 million in 2011 to RM11.5 million this year.

Dato’ Amrin Awaluddin, Group Managing Director of Media Prima said: “As the third quarter results show and as we approach the New Year, the major challenges remain the same for the Group.  The majority of clients are still cautious of their ADEX spending given the global economic outlook.”