Astro maintains cautious outlook amid economic challenges

Astro Malaysia Holdings Bhd group CEO Euan Smith

KUALA LUMPUR: Astro Malaysia Holdings Bhd maintains a cautious outlook, carefully monitoring business conditions and ensuring effective cost discipline.

“The current strength of the US dollar continues to impact multiple cost lines in our business, whilst local economic conditions (exacerbated by geopolitical factors) and softening customer sentiments continue to affect the industry,” the content and entertainment group said in a filing with Bursa Malaysia.