PETALING JAYA: Pay-TV provider Astro Malaysia Holdings Bhd may see content cost increase for the financial year ending Jan 31, 2019 (FY19), but the company’s prepaid satellite television service NJOI is expected to see better earnings delivery.
CIMB Research also projects higher average revenue per user (Arpu) from new packages and a turnaround at Go Shop, Astro’s online shopping platform. This will help offset potential earnings decline.
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