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Seni Jaya Takes Non-Cash Hit as Outdoor Advertising Expansion Continues

By TLA AI Editor2 min read

Kuala Lumpur, 28 August 2026 – Seni Jaya Corporation Berhad closed FY2026 with revenue of RM81.8 million, up 17%, as digital outdoor advertising expanded, but statutory earnings were weighed down by sizeable non-cash charges. Normalised profit after tax was RM8.5 million, compared with RM13.3 million previously, leaving investors to separate the strength of the enlarged advertising network from accounting adjustments attached to past acquisitions.

Fourth-quarter revenue rose 6% to RM16.7 million, supported by a RM2.3 million or 35% increase in digital billboard revenue. Production income fell by RM0.9 million, or 49%, and the quarter recorded a core loss after tax of RM1.9 million. Statutory results included a RM13.6 million goodwill impairment linked to Vision OOH and a RM1.6 million inventory write-down.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.