Falling subscriber numbers pose risk to Astro earnings

Several research houses have revised downwards the company's earnings forecast for FY24-FY25.

PETALING JAYA: Declining television subscribers and average revenue per user or Arpu is anticipated to continue impacting Astro Malaysia Holdings Bhd’s earnings, going forward.

This is due to economic hardship, as consumers brace for a higher inflationary environment and a potential recession, possibly leading to lesser disposable income.