KUALA LUMPUR, Sept 19 – Astro Malaysia Holdings Berhad (Astro) today announced its financial results for the first six months of the financial year ending January 31, 2015. Revenue grew 12% to RM2.6 billion, Ebitda rose 15% to RM903 million and PAT increased by 25% to RM266 million. “The company delivered strong results with significant free cash flow. “Based on the performance, the board of directors is pleased to declare a second interim dividend of 2.25 sen per share, bringing the total dividend for the first six months of the current financial year to 4.5 sen per share, 12.5% higher compared to 4.0 sen per share in the same period last year,” said chairman of Astro Tun Zaki Azmi.  Meanwhile, chief executive officer Datuk Rohana Rozhan said, “We continue to execute against our key strategies of growing our customer base, increasing ARPU, and driving advertising share.

“We are offering more choices in content and consumer packages, including Astro Superpack, Astro Valuepack and Astro Family Pack, as well as NJOI, Malaysia’s first subscription-free satellite TV service. “Our customer base is growing, for both Astro and NJOI and at lower customer acquisition cost. Total customer base has grown by 491k y-o-y to 4.2 million, an increase of 127k for Astro and 364k for NJOI. The growth in customer base is across all demographics and we are particularly pleased with the growth in our Chinese base, driven by Astro packages like Chuen Min Pack and Dynasty Pack, as well as higher take up of NJOI.” Astro’s penetration of the Malaysian TV households has increased from 54% to 60%. Astro Radio has retained its position as the number one radio station in all 4 languages. The growing share of TV has resulted in higher advertising revenues, up by 7% to RM290 million.

Nation News

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