PETALING JAYA: Astro Malaysia Holdings Bhd
posted an 80.42% decline in net profit to RM9.19mil in the third quarter ended Oct 31, 2025, due to higher net financing costs, which were impacted by unfavourable unrealised foreign exchange arising from unhedged lease liabilities.
The group reported lower quarterly revenue of RM695.62mil, compared to RM749.7mil in the previous corresponding quarter, as subscription and advertising revenue fell.
According to the group’s bourse filing, both television and radio revenue declined due to lower advertising revenue, while television subscription revenue also contracted.
Earnings per share dropped to 0.18 sen from 0.9 sen previously.
Over the nine-month period, Astro’s net profit was RM39.06mil, compared to RM118.66mil in the previous corresponding period. Revenue dropped to RM2.08bil from RM2.31bil over the same period.
Moving forward, Astro said it maintains a cautious outlook as the environment remains challenging.
“The group continues to carefully monitor business conditions and ensure effective cost discipline as consumers and businesses digest the impact of internal reforms and external uncertainties,” it said.
Astro added that investments will continue to be firmly focused on long-term and sustainable growth by elevating local content with high quality production and fresh storytelling via Astro Originals, signatures and movies.
The pay-TV operator also said it aims to create more value for customers by increasing the volume and diversity of content in lower tiers and reducing entry pricing for Astro and Sooka products, with the intent of growing its subscriber base.
Astro said it will also increase the uptake of its adjacent businesses, targeting both current and new market segments with increased value and flexibility, while transforming legacy cost structures to support these efforts.
It added that its new digital marketing play, KULT, strengthens its ability to tap into social and digital advertising expenditure opportunities, and is showing good traction in winning both new and lapsed advertising clients.
“KULT is focused on driving stronger impact, wider reach, and lasting engagement for clients online – whether through branded video content, socials, creators and influencers, and shoppable content,” it said.
Separately, Astro said content piracy remains its biggest threat, adding that it continues to push hard in the fight against piracy.
“Across Malaysia, courts continue to rule in our favour with landmark decisions, awarding Astro statutory damages and imposing tougher penalties on illegal streaming device sellers and errant businesses who illegally stream our content and partnerships such as the Premier League’s Boot Out Piracy campaign.
“Regulatory advocacy and enforcement remain priorities to protect Astro and Malaysia’s creative industry.”
Astro shares closed unchanged at 10 sen yesterday.
