Astro registers improved fourth-quarter results

PETALING JAYA: Astro Malaysia Holdings Bhd posted a 20% quarter-on-quarter (q-o-q) jump in net profit to RM127mil for its fourth quarter of the financial year ended Jan 31, 2022 (Q4’22), after taking into account the impact of “Cukai Makmur” (Prosperity Tax) in FY22.

In a statement, the group pointed out that advertising expenditure (adex) had increased 56% q-o-q to RM146mil, lifted by economic recovery and the resumption of signature productions.

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