Star Media Group Berhad Full Year 2023 Earnings: EPS: RM0.01 (vs RM0.01 in FY 2022)

Star Media Group Berhad (KLSE:STAR) Full Year 2023 Results

Key Financial Results

• Revenue: RM220.0m (up 1.5% from FY 2022).
• Net income: RM7.49m (up 8.2% from FY 2022).
• Profit margin: 3.4% (up from 3.2% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: RM0.01 (in line with FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Star Media Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Media industry in Malaysia are expected to remain flat.

Performance of the Malaysian Media industry.

The company's shares are down 1.2% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Star Media Group Berhad (at least 1 which is significant), and understanding these should be part of your investment process.

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