PETALING JAYA: In spite of analyst estimates of slightly lower earnings in the first quarter ending April 30, research houses maintain a positive outlook on Astro Malaysia Holdings Bhd performance in the long run.
“Last quarter's core net profit of RM80.7mil brought the last first quarter core net profit to MR427mil, which was within expectations at 99% of our full year estimate,” Maybank IB Research report read.
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