Astro’s TV segment rebounds as revenue falls

Astro CEO Euan Daryl Smith said the group has been reshaping its offerings to match customers’ demand.

PETALING JAYA: Astro Malaysia Holdings Bhd’s operating profit slumped again as its annual revenue declined for the eighth consecutive year, dragged down by lower contributions from subscriptions and advertising.

The pay-TV operator reported yesterday that its total revenue from continuing operations fell by 8% year-on-year (y-o-y) to RM3.08bil for the financial year ended Jan 31, 2025 (FY25).