Star Media Group Bhd 2022 AR2

The report highlights Star Media Group's financial turnaround in 2022, achieving a profit after tax of RM6.88 million compared to a loss in 2021, driven by revenue growth in print, digital, and radio segments. The Group expanded its offerings with the launch of Majoriti 7, a premium Bahasa Malaysia weekly, and progressed its maiden property development project, Star Business Hub. In sustainability, the Group maintained its FTSE4Good Bursa Malaysia Index inclusion and advanced its ESG agenda through the launch of the ESG Positive Impact Awards. Environmental initiatives included generating 374,611 kWh of solar energy and utilizing 100% recycled newsprint for its flagship publication.

Company: Star Media Group Bhd

Sector: Communication Services

Country: Malaysia

Year: 2022

Type: AR2

Pages: 198

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Star Media Group Bhd

Star Media Group Bhd 2022 Annual Report

Annual Report

The report highlights Star Media Group's financial turnaround in 2022, achieving a profit after tax of RM6.88 million compared to a loss in 2021, driven by revenue growth in print, digital, and radio segments. The Group expanded its offerings with the launch of Majoriti 7, a premium Bahasa Malaysia weekly, and progressed its maiden property development project, Star Business Hub. In sustainability, the Group maintained its FTSE4Good Bursa Malaysia Index inclusion and advanced its ESG agenda through the launch of the ESG Positive Impact Awards. Environmental initiatives included generating 374,611 kWh of solar energy and utilizing 100% recycled newsprint for its flagship publication.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Published

May 22, 2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Water Consumption

Total Waste

Women in Management

Employees