Utusan records RM10 million loss
By Harakah Daily
KUALA LUMPUR, Nov 25: Utusan Melayu, the company which publishes UMNO and its right wing offshoot Perkasa’s mouthpiece, Utusan Malaysia, has recorded a pre-tax loss of RM10.682 million in the first nine months this year.
This is in contrast to the pre-tax profit of RM1.707 million for the same period last year.
According to a filling in Bursa Malaysia, Utusan attributed the decline in revenue from RM253.847 million to RM244.564 million to a decrease in advertising revenues.
Besides recording a lower pre-tax profit of RM1.736 million for the third quarter ending September 30, against RM10.128 million last year, Utusan’s revenue only managed to improve by a dismal RM10,000, from RM89.53 million to RM89.54 million during the period under review this year.
