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.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Astro

   

Next In Business News

CIMB’s succession planning coming into sharp focus
Quebec pension hit with real estate loss as ‘hostile’ market persists
Strong earnings visibility for Matrix Concepts
TRX takes the spotlight
Japan takes Taiwan’s helping hand in chip ops
TM sets sights on even stronger growth this year
Soul-searching for ringgit solutions
Central Europe shoppers still shell-shocked
UMWT to drive green mobility growth
Sarawak’s new energy play gains more attention

Others Also Read