Astro posts RM460.87mil net profit in FY22

KUALA LUMPUR: Astro Malaysia Holdings Bhd recorded a lower net profit of RM460.87 million for the financial year (FY) ended Jan 31, 2022 from RM539.85 million a year ago.

The drop was mainly due to lower earnings before interest, taxes, depreciation, and amortisation (EBITDA) which fell 3 per cent on higher content and broadband costs as well as marketing and distribution expenses.