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Fitch Places Sri Lanka Telecom s A(lka) Rating on Watch Positive - Adaderana Biz English

Fitch Ratings has placed Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating of ‘A(lka)’ on Rating Watch Positive (RWP). The RWP reflects the potential rating upside due to weakening linkages with SLT’s parent, the government of Sri Lanka (Long-Term Local-Currency Issuer Default Rating: CC), due to the government’s plan to sell its 49.5% stake in.

Astro s net profit shrinks to RM5 8 mil in 3Q on higher net financing cost, announces 0 75 sen dividend

KUALA LUMPUR (Dec 15): Astro Malaysia Holdings Bhd’s net profit shrank to RM5.8 million for its third quarter ended Oct 31, 2022 (3QFY2023), compared to RM105.9 million a year ago. The media group’s earnings were dragged down by sharply higher net financing cost of RM141.7 million, as a result of foreign exchange loss of RM128.2 million against a forex gain of RM25.3 million in the previous corresponding quarter.

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