KUALA LUMPUR, March 27 — Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2023 fell to RM259.04 million from RM460.88 million registered in the...
KUALA LUMPUR, March 27 — Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2023 fell to RM259.04 million from RM460.88 million registered in the previous year after it recorded lower earnings in the fourth quarter.For the fourth quarter ended Jan 31, 2023, its net profit was down to RM54.75 million from RM126.59 million recorded previously, while revenue for the period slipped 3.9 per cent to RM990.67 million from RM1.03 billion a year before.
In a separate statement, Astro group chief executive officer Euan Smith said Astro’s transformation plans have continued apace this year as the group continues to put in place the structures and architecture that will define the Astro of the future. Smith added that customers are streaming more than ever on the Ultra and Ulti boxes, as well as on Astro GO, with its on-demand shows streamed rising 25 per cent year-on-year to 660 million.
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