Industry sources said BTVM and Astro have disagreements over several issues that could possibly lead to legal suits.
PETALING JAYA: Astro Malaysia Holdings Bhd
posted a 3% drop in net profit for the first quarter ended April 30 to RM195.82mil compared with the same quarter a year ago on lower earnings before interest, tax, depreciation and amortisation and increase in net finance costs.
In a filing with Bursa Malaysia yesterday, the pay-TV operator said the lower net profit was also offset by lower depreciation of property, plant and equipment.
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