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Astro's net profit shrinks to RM5.8 mil in 3Q on higher net financing cost, announces 0.75 sen dividend

KUALA LUMPUR (Dec 15): Astro Malaysia Holdings Bhd’s net profit shrank to RM5.8 million for its third quarter ended Oct 31, 2022 (3QFY2023), compared to RM105.9 million a year ago. The media group’s earnings were dragged down by sharply higher net financing cost of RM141.7 million, as a result of foreign exchange loss of RM128.2 million against a forex gain of RM25.3 million in the previous corresponding quarter.

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Content and consumer focus key for growth, sustainability in Asia

The Asia Video Summit has observed that amid a time of immense innovation and disruption, in a market described as being huge but diverse and difficult, a retur...

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A focus on content and consumers is the key to growth and sustainability

A focus on content and consumers is the key to growth and sustainability

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Nexia TS Joins CLA Global, Bringing Asia Presence

Nexia TS Joins CLA Global, Bringing Asia Presence
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A Focus on Content and the Consumer is the Key Driver for Growth and Sustainability in Asia

Singapore, Nov 7, 2022 - (ACN Newswire) - The annual marquee event of the Asian video industry, the Asia Video Summit, returned in full swing, hosting over 300 delegates in person and online as a hybrid conference, amidst a time of immense innovation and disruption in the video industry.The Summit opened with clear views from industry stalwarts, Henry Tan, Group...

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Asia Video Summit sees the participation of several industry stalwarts: Best Media Info

Best Media Info: The event hosted over 300 delegates in person and online as a hybrid conference| Digital News

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Astro announces succession plans

Astro announces succession plans
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Astro appoints Euan Daryl Smith as group CEO

KUALA LUMPUR: Astro Malaysia Holdings Bhd has appointed Euan Daryl Smith as group chief executive officer designate with immediate effect, succeeding Henry Tan Poh Hock.

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Astro 2Q net profit rises 13% to RM98mil

KUALA LUMPUR: Astro Malaysia Holdings Bhd’s net profit for the second quarter ended July 31, 2022 (Q2 2023) rose 13 per cent to RM98.47 million from RM87.13 million from the same quarter last year.

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