Astro records higher first-quarter profit


PETALING JAYA: Astro Malaysia Holdings Bhd’s net profit for the first quarter to April 30, 2016 increased 20.12% to RM202.17mil compared to the same quarter a year ago on the back of lower depreciation of property, plant and equipment and finance cost.

Its revenue jumped 2.46% to RM1.36bil mainly due to an increase in advertising and home-shopping of RM14.1mil and RM27.4mil, offset by a decrease in subscription revenue of RM11.2mil.

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