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> TV Al Hijrah lost money 3 years in a row-AG report

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TSsoowky
post Nov 27 2017, 04:08 PM, updated 9y ago

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TV Al Hijrah lost money 3 years in a row, says AG’s Report

THE Al Hijrah Media Corporation (TVAH) that received RM333.4 million from the Prime Minister's Department to broadcast the Al Hijrah television channel has been recording losses before tax for three years in a row, the 2016 Auditor General's Report found.

The report on federal government companies and agencies, in its second series, revealed that the company had received the funding from the Prime Minister's Department from 2010 to 2016 for its operation and management expenditures.

But the media company's financial performance has been found to be unsatisfactory, following the audit period from October last year to February and May this year.

TVAH recorded pre-tax losses of RM19.65 million in 2014, RM17.03 million (2015) and RM10.88 million (2016).

After tax, the losses were RM21.34 million in 2014, RM16.55 million (2015), and RM11.73 million (2016).

The company also recorded accumulated losses of RM11.56 last year, although it still maintained assets at RM15.94 million.

"The objective of the company to become a broadcaster that educates, entertains and unites the ummah lacked effectiveness due to the low ratings. Revenue from air time is also far from achieving the company's target.

"Sponsorship performance is also unsatisfactory because the number of sponsored programmes is still low," the report said.

TVAH was set up in September 2009 and operates from the Islamic Centre in Kuala Lumpur as Malaysia's first and non-profit free Islamic television station. The government-owned TV station airs 18 hours daily on analog, Astro and the internet.

Among the other issues highlighted in the AG's Report were TVAH taking an average 107 days to 256 days to collect advertising money owed to it, and its administrative and financial management practices falling short of the company's best practices and financial and acquisition procedures.

The report said the company had a weak programme assessment process that caused the assessment for new programme acquisitions to be inconsistent, programmes aired to be uninteresting and lacked quality, acquired programmes to be unaired, and wastage.

"There were no policies or procedures for activities related to the sale of air time and asset management, while the procedures for programme acquisitions is incomplete.

"The KPI (key performance index) for last year was not presented to the company board. There are also no independent directors in the company's board with broadcasting background," the report said.

The report also said TVAH failed to conduct internal audits for the whole of 2016 and until April this year because the internal audit unit was scrapped in January last year until it was set up again in April this year.

TVAH, the report said, needed to be more aggressive in improving its viewer ratings and air time sale revenue to reduce its dependency on government funds.

The AG's Report also recommended TVAH have a detailed SOP (standard operating procedures) for new programme acquisitions, company activities and meeting KPI targets; to better manage its collection of debts and internal control; and to improve its administrative practices, namely monitoring by the board of directors. – November 27, 2017.sos
SUSjustin jackson
post Nov 27 2017, 04:10 PM

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got such channel? x pernah dengar pun
ZeaXG
post Nov 27 2017, 04:11 PM

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Songlap business whistling.gif

What a waste of public funds
jamilselamat
post Nov 27 2017, 04:12 PM

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My mother tunes in to this channel often...
Robin Hood
post Nov 27 2017, 04:12 PM

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Sounds like songlap case to me
United Rulez
post Nov 27 2017, 04:13 PM

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Channel-channel yahudi's fault. If dont have other channel, surely have no choice but to watch.
SUSbg12
post Nov 27 2017, 04:18 PM

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QUOTE(ZeaXG @ Nov 27 2017, 04:11 PM)
Songlap business  whistling.gif

What a waste of public funds
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doesnt matter, paradise guaranteed.
alanyuppie
post Nov 27 2017, 04:18 PM

Look at all my stars!!
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People usually tune on TV to be entertained after a hard days work/study. The audience might already done their religious obligations elsewhere before rewarding themselves with a TV show or two.

Its hard for religious channels to compete.

This post has been edited by alanyuppie: Nov 27 2017, 04:22 PM
tokdukun
post Nov 27 2017, 04:19 PM

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What's so unusual?

From the very objective of the channel edi mention it's not for profit, why terkejut it makes losses?

No independent director with broadcasting experience, why need one when taliban know it all?

Internal audit for what, taliban all holier than thou, mana ada songlap, jangan persoal! You ada agenda menjatuhkan umat Islam? *TRIGGERED*

This post has been edited by tokdukun: Nov 27 2017, 04:21 PM
anudora
post Nov 27 2017, 04:21 PM

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Some people give them money + crony + everything also lose money.
Then envy other people success. Then want to force other people to give them money.
Ouch!!!!!!!! truth hurts..... whistling.gif whistling.gif whistling.gif
Reckoning
post Nov 27 2017, 04:21 PM

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I pay tax. i dont have any problem for this.
SUSmemekfalui
post Nov 27 2017, 04:21 PM

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Orang kitew juga yang untong

Diam diam je lah....
jacckl
post Nov 27 2017, 04:23 PM

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me not muslim, cannot persoal hak agama islam
ikankering
post Nov 27 2017, 04:24 PM

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cukur.
at least i know where my tax go.
SUSazhan82
post Nov 27 2017, 04:24 PM

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VAH recorded pre-tax losses of RM19.65 million in 2014, RM17.03 million (2015) and RM10.88 million (2016).

After tax, the losses were RM21.34 million in 2014, RM16.55 million (2015), and RM11.73 million (2016).

with these kinda losses.. ayam wonder how big their revenue is.. biggrin.gif

rulerhot
post Nov 27 2017, 04:32 PM

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Byk buat "sedekah" tew.
#bersangkabaik
SUSKLboy92
post Nov 27 2017, 04:37 PM

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ini agenda yahudi cia dap lge kpop illuminati freemason shia mencemarkan nama baik ulama

anyway ini semua salah orang ramai kerana tidak memberi donation kepada TV Al-Hijrah

doalah sebelum anda didoakan

#donedakwah

am I doing it rite? brows.gif
hellokitten
post Nov 27 2017, 04:43 PM

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Aku dah kata beribu-ribu kali.. biznes dgn agama tak boleh dicampurkan.

Degil betul la!
ikankering
post Nov 27 2017, 04:44 PM

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tv hijrah?
even astro movie i don't have time to see.
sevendogz
post Nov 27 2017, 04:47 PM

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wondering how much bonus for the top dogs there

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