PETALING JAYA: Analysts are turning cautious on Astro Malaysia Holdings Bhd
, given the group’s dismal financial year 2025 (FY25) results, which fell short of most consensus estimates.
Hong Leong Investment Bank (HLIB) Research in a report said Astro continues to face pressure from declining television subscription and advertising revenue, being unable to offset the decline despite entering a seasonally stronger second half advertising expenditure (adex) period.
