Astro’s 2Q net profit doubles


PETALING JAYA: Astro Malaysia Holdings Bhd saw its net profit for its second quarter ended July 31, 2024 more than double year-on-year (y-o-y) despite a continued challenging outlook.

The pay-TV operator's net profit rose to RM54.7mil despite quarterly revenue declining by 6% y-o-y to RM787.3mil due to a reduction in subscription and advertising revenues.

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