Astro’s TV segment rebounds as revenue falls

Quick Summary:

Astro Malaysia Holdings Bhd's operating profit slumped again as its annual revenue declined for the eighth consecutive year, dragged down by lower contributions from subscriptions and advertising.

Meanwhile, Astro’s operating profit declined by about 29% y-o-y in FY25.

The pay-TV operator reported yesterday that its total revenue from continuing operations fell by 8% year-on-year (y-o-y) to RM3.08bil for the financial year ended Jan 31, 2025 (FY25).

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Article Details

Author / Journalist: GANESHWARAN KANA

Category: EconomyBusiness

Markets: Malaysia

Topics: AstroMalaysia RevenueDecline StreamingShift Corporate News /Business/Business News DigitalTransformation AdvertisingRevenue MediaEarnings PayTV

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 00:00:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27336861

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