PATAMI +81% q-o-q to US$32 mil, Go Shop revenue +52% to US$35 mil Radex, TV Adex & Digital Adex share stood at 81%, 38% and 2% respectively
Declares a first interim dividend of 2.5 sen per share.
Adex growth, strong cost discipline see earnings rise 34.9% to US$105.3 million for pay-tv operator, Astro.
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 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.