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Astro Malaysia maintains cautious outlook amid challenges

The Star·12/10/2025 10:10:00
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KUALA LUMPUR: Astro Malaysia Holdings Bhd posted a 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 forex arising from unhedged lease liabilities.

The group reported lower quarterly revenue of RM695.62mil as compared to RM749.7mil in the previous corresponding quarter, as the group recorded a drop in subscription and advertising revenue.

According to the group's bourse filing, both television and radio revenue were down on lower advertising revenue, while television subscription revenue also contracted.

The group's 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 as compared to RM118.66mil in the previous corresponding period. Revenue dropped to RM2.08bil from RM2.31bil over the same comparative period.

Moving forward, Astro Malaysia Holdings Bhd 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.