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Astro's 2Q net profit soars 96%, declares 3 sen dividend

Mimi Sabreena 8:55:00 PM Informasi

KUALA LUMPUR (Sept 14): Astro Malaysia Holdings Bhd's second quarter net profit jumped 96% to RM246.34 million, from RM125.43 million a year earlier, mainly due to lower finance costs on the back of favourable unrealised foreign exchange gains.

Earnings per share for the quarter ended July 31, 2017 (2QFY18) increased to 4.73 sen per share from 2.41 sen, the group said in a filing to Bursa Malaysia.

Revenue was, however, down by a marginal 0.6% to RM1.42 billion from RM1.43 billion, which the group attributed to a decrease in subscription and licensing revenue.

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