Live Breaking News & Updates on Astro Malaysia Holdings Bhd|Page 11
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PETALING JAYA: Astro Malaysia Holdings Bhd will continue to invest in its transformation for long term and sustainable growth, focusing on content, broadband, streaming, customer experience, data, addressable advertising and technology to better serve customers. ....
KUALA LUMPUR, Dec 15 Astro Malaysia Holdings Bhd’s net profit for the third quarter ended Oct 31, 2022, has decreased to RM5.80 million, or by 97.1 per cent, compared to. ....
Some members of the investment community have relayed their concerns over Astro Malaysia Holdings Bhd’s dividend sustainability, and the ability of the group to uphold its commitment to distributing at least 75% of its annually reported net profit to shareholders. These are understandable concerns, given that Astro has plenty of financial commitments denominated in US dollars. ....
Astro Malaysia Holdings Bhd is expected to yield a dividend of 9% for calendar year 2022 (CY2022)-CY2023, even though its share price has fallen by a fifth since Sept 26, said CGS-CIMB. ....
PETALING JAYA: It will be a challenging financial year 2023 (FY23) for Astro Malaysia Holdings Bhd with falling subscriptions and stagnating average revenue per user (ARPUs). ....