KUALA LUMPUR (Feb 23): Media Chinese International Ltd (KL:MEDIAC) on Monday (Feb 23) reported a lower third-quarter net loss, bolstered by a robust performance in its travel division that offset continued headwinds in its publishing business. The group attributed the revenue growth primarily to its Hong Kong travel operations. Beyond the travel segment's contributions, Media Chinese highlighted that its cost-saving measures, particularly in paper costs, depreciation charges and bad debt provisions, helped cushion the bottom line. Net loss expanded to RM29.41 million from RM16.76 million a year ago, as revenue slipped 1.9% to RM496.39 million from RM505.93 million. Management cited "prolonged structural challenges facing the print media industry" as the primary driver behind its nine-month revenue dip.

Source: The Edge Markets February 23, 2026 11:49 UTC