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Astro Q3 results within expectations but dividend a good surprise

PETALING JAYA: Astro Malaysia Holdings Bhd's third quarter results were largely within expectations while its announcement of its maiden quarterly dividend of 1.5 sen per share was a good surprise, said analysts.

Astro declares 1.5 sen quarterly dividend

KUALA LUMPUR: Astro Malaysia Holdings Bhd made a net profit of RM118.1mil for its third quarter ended Oct 31, 14.1% higher than the net profit of RM103.5mil in the same period last year, boosted mainly by an unrealised forex gain of RM30.6mil.

Astro and TM close to inking deal on licensing of two sports channels

PETALING JAYA: Astro Malaysia Holdings Bhd and Telekom Malaysia Bhd (TM) are close to inking a deal that will see Astro licensing the content of two of its sports channels to TM, industry sources said.

Astro sees higher revenue per user with added content

KUALA LUMPUR: Astro Malaysia Holdings Bhd expects an increase in its average revenue per user (arpu) for the current financial year ending Jan 31, 2014, driven by added monetisation from new pay-TV content and Internet-protocol television (IPTV) services via its Maxis Bhd tie-up.

Analysts positive on Astro in long run

PETALING JAYA: In spite of analyst estimates of slightly lower earnings in the first quarter ending April 30, research houses maintain a positive outlook on Astro Malaysia Holdings Bhd performance in the long run.

Astro posts higher Q3 profit on increase in subscription

PETALING JAYA: Astro Malaysia Holdings Bhd posted higher net profit to RM123.71mil for the third quarter ended Oct 31, 2013, from RM118.1mil a year ago.

TM, Astro seal deal on channels

KUALA LUMPUR: Telekom Malaysia Bhd (TM) has sealed an agreement with Astro Malaysia Holdings Bhd to air two Astro SuperSport channels on HyppTV for three years.

Astro earnings up 39.3% in 2nd quarter

PETALING JAYA: Astro Malaysia Holdings Bhd reported earnings growth of 39.3% to RM137.66mil in the second quarter ended July 31 on growing customer base, increased average revenue per user (ARPU) and improved advertising share.

Astro net profit up slightly

PETALING JAYA: Astro Malaysia Holdings Bhd began its financial year of 2020 (FY20) with a marginal net profit growth of 0.84% year-on-year (y-o-y) in the first quarter, although revenue declined by 5.84% y-o-y.

Astro partners Turner Asia Pacific to form strategic joint venture

KUALA LUMPUR: Astro Malaysia Holdings Bhd has partnered Turner Asia Pacific to form a strategic joint venture (JV) in Warner TV and co-production, distribution of Asian content for global reach.