Astro Malaysia Holdings Bhd group CEO Euan Smith.
KUALA LUMPUR: Despite reporting higher profit for its first quarter, Astro Malaysia Holdings Bhd
is maintaining a cautious outlook while 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, while local economic conditions (exacerbated by geopolitical factors) and softening customer sentiment continue to affect the industry,” the content and entertainment group said in a filing with Bursa Malaysia.
