Declares a first interim dividend of 2.5 sen per share.
Inaugural awards seek out disruptive, leading-edge organisations who have successfully carried out digital transformation in Malaysia.
Adex growth, strong cost discipline see earnings rise 34.9% to US$105.3 million for pay-tv operator, Astro.
Astro Malaysia announced its third quarter financial results yesterday. Here's a look at some of the interesting takeaways about the pay-TV operator's recent numbers.
Astro Malaysia Holdings Bhd and StarHub Cable Vision Ltd have entered into a partnership to offer Go Shop, a 24/7 shopping destination on TV, online and mobile to customers in Singapore.
Astro announced results for the first half of the financial year ending Jan 31, 2017, with year on year (YoY) modest growth in revenue and PATAMI, underpinned by better performance in e-commerce and Adex. EBITDA decreased 6% y-o-y primarily due to currency depreciation impacting content costs.
Astro Malaysia Holdings Bhd said its e-commerce venture Go Shop, officially launched in February, reported RM75 million (US$17.4 million) in revenue in the first half of 2016 (H1 2016).
Astro Malaysia Holdings Bhd claimed it is seeing good momentum for its recently-launched home shopping and e-commerce business, Astro GS Shop Sdn Bhd.
Astro said its revenue grew by 9% year-on-year to RM5.2 billion (US$1.4 billion) in its 2015 financial year (FY15) ended Jan 31, 2015.
Astro’s plunge into e-commerce benefits other e-commerce players in Malaysia and consumers as well, says Karamjit Singh, whose attention was also caught by the launch of a venture debt fund in Singapore and the 2014 financial results of Fusionex International, whose CEO Ivan Teh is a DNA Digerati50.