Sony Digital Rapids Pixel Power calrec Sony

Astro Delivers Strong Q2FY20 PATAMI at RM169mn

12/09/2019

Astro Delivers Strong Q2FY20 PATAMI at RM169mn

Date Released:12 Sep 2019

Share

Tweet

Result highlights for the second quarter of the financial year ending 31 January 2020 (Q2FY20)

Revenue -13% y-o-y at RM1.2bn

EBITDA 51% y-o-y to RM437mn

PATAMI 920% y-o-y to RM169mn; underpinned by cost discipline measures

Strong FCF of RM346mn enables second interim dividend of 2 sen per share

Pay-TV ARPU 10 sen y-o-y to RM100

TV Adex 8% y-o-y to RM86mn

Tun Zaki Azmi, Chairman of Astro, said: In a competitive media landscape, Astro remains highly cash generative, cost disciplined and proactive in its capital management. The Board is pleased to declare a second interim dividend of 2 sen per share.

Henry Tan, Chief Executive Officer of Astro, said: Astro continues to deliver strong PATAMI with rigorous cost discipline to optimise content spend and operating expenses. Concurrently, we are putting in place building blocks for new revenue adjacencies, specifically in broadband and content bundles with Maxis and in OTT through our strategic partnerships with iQIYI and HBO Asia; with more partnerships in the coming months.

Key Operational Highlights:

Leading share of Malaysian TV households: Astro continues to entertain and engage with 5.7mn, or 76% of Malaysian TV households with its signature vernacular and premium content as well as the biggest live sports on our Pay-TV and NJOI platforms.

Rising consumption on all platforms: Astro's TV viewership share is market leading at 75%. Over 1.0mn connected set-top-boxes*, up 11% y-o-y, drove growth in On Demand video downloads by 38% to 33mn and average weekly viewing by 11% to 462 minutes. Meanwhile, Astro GO's registered users rose by 19% to 2.3mn and their average weekly viewing increased by 27% to 207 minutes.

Outperforming industry Adex in 1HFY20: While Astro's total Adex in 1HFY20 declined by 3% to RM302mn, it outperformed industry Adex, which saw a 5% contraction. Astro's share of TV Adex rose by 3 percentage points to 44% and share of Radex increased by 6 percentage points to 80%.

In Q2FY20, Astro's TV Adex grew 8% y-o-y to RM86mn, supported by strong TV viewership share. Digital Adex stood at RM12mn, underpinned by average monthly unique viewers of 10.1mn across its digital brands such as Astro Awani, Gempak, Xuan, Ulagam and Stadium Astro.

Key Initiatives:

Introducing a new user experience: Astro GO has introduced a new user interface in July for easier navigation, better content discoverability, enhanced search and recommendations based on viewing behaviour. With the new Astro GO, users can access over 50,000 On Demand titles anytime, anywhere on mobile devices. Astro will soon launch its Ultra Box, offering new viewing experience such as 4K-Ultra HD and cloud recording that allows unlimited programmes to be recorded.

Radio on the GO and much more: SYOK app, a multilingual entertainment and lifestyle platform, was launched in end-June and saw a healthy take-up with an average 51 minutes time spent per session. SYOK offers access to Astro's 25 radio brands, podcasts, original videos, as well as the latest news and traffic updates.

Local and vernacular content continues to drive fan engagement:

Astro Shaw movies continue its winning strides: Boboiboy Movie 2, a collaboration with leading animation producer, Animonsta, became the highest grossing animated film in Malaysia with box office sales of RM29mn, beating Hollywood titles such as The Incredibles 2, Big Hero 6, How To Train Your Dragon: The Hidden World and Frozen. Meanwhile, Malaysia's first martial arts movie, Sangkar, a collaboration between Media Prima, Infinitus Gold and MM2 Entertainment, was released on 29 August.

Astro original IPs continue to grow from strength to strength: Astro's latest dramas, Curi-Curi Cinta, Setelah Terlafaznya Akad and Sweet Dreams garnered TV viewership of 3.2mn, 2.6mn and 2.4mn respectively. Its reality talent shows such as Muzikal Lawak SuperStar registered TV viewership of 1.7mn while Big Stage 2019 expanded its arena beyond Malaysian shores with participation of talents from South Korea Indonesia, Thailand and Brunei. It achieved TV viewership of 1.3mn.

Omar & Hana licensed to Indonesia's leading telecommunications operator, Telkomsel: Astro's faith-inspired singalong kids IP, Omar & Hana, is now available on Telkomsel's video streaming app, MAXstream.

First iQIYI branded channel: Following the announcement on our strategic partnership with China's No. 1 video streaming platform, Astro has launched the world's first iQIYI branded channel, iQIYI HD. It offers exclusive and the latest iQIYI originals such as hit drama series, movies, reality and variety content for Astro customers.

Outlook

The market remains challenging with structural changes in the global content, media and advertising industries, including threat of piracy. Astro's focus is to strengthen its core Pay-TV and NJOI businesses by redefining customer value propositions, elevating customer service and refreshing content. The company will leverage on its customer base to build new revenue adjacencies in broadband, OTT, digital and commerce. Cost optimisation efforts will continue. *Connected set-top boxes (STBs) are internet-ready with recording functionality and have access to Astro's On Demand library of content
LINK: https://www.astro.com.my/mediaroom/articledetails.aspx?id=935&title=as...
See more stories from astro

Asia, Australia & Oceanic Stories

25/09/2020

All Malaysians invited to attend the Power Up!' business ...

All Malaysians invited to attend the Power Up!' business webinar for SMEs Date Released:25 Sep 2020 Share Tweet Learn from industry experts and stan...

23/09/2020

Successful Demonstration of End-to-End Network Slicing in 5G Standalone Network

-Enabling the provision of quality control and low latency communications according to application or requirements by virtual 5G network partitioning- KDDI ...

23/09/2020

Fans stand to win cash prizes up to RM9000 on RAAGA

Fans stand to win cash prizes up to RM9000 on RAAGA Date Released:23 Sep 2020 Share Tweet RAAGA fans stand a chance to take home cash prizes of up to RM9...

23/09/2020

Toshiba Establishes a New Project Team to Secure Further Growth as an Infrastructure Services Company

TOKYO Toshiba Corporation (TOKYO: 6502) today announced that Infrastructure Serv...

19/09/2020

Toshiba Submits Greenhouse Gas Emission Reduction Targets to Science Based Targets initiative for Validation

TOKYO Toshiba Corporation (TOKYO: 6502), in its June 5 announcement, The Toshib...

18/09/2020

Astro adds Portuguese Primeira Liga to its live sports offerings

Astro adds Portuguese Primeira Liga to its live sports offerings Date Released:17 Sep 2020 Share Tweet Malaysian sports fans can look forward to more foo...

15/09/2020

Astro Records Q-o-Q Improvement

Astro Records Q-o-Q Improvement Date Released:15 Sep 2020 Share Tweet PATAMI 81% q-o-q to RM134mn | Go Shop revenue 52% q-o-q to RM145mn Astro Malaysi...

15/09/2020

It's Sweet As - Jub Clerc's debut feature green lit for production

15 09 2020 - Media release It's Sweet As - Jub Clerc's debut feature green lit for production Jub Clerc (Photo credit: Martine Perret) Sweet As, the ...

15/09/2020

Astro premieres local beauty pageant, Azhagin Azhaghi 2020'

Astro premieres local beauty pageant, Azhagin Azhaghi 2020' Date Released:13 Sep 2020 Share Tweet All Astro customers can enjoy new local Tamil beau...

09/09/2020

Astro Lancar Program Cetus Fenomena The Masked Singer Malaysia'

Astro Lancar Program Cetus Fenomena The Masked Singer Malaysia' Date Released:09 Sep 2020 Share Tweet Media Pack Program The Masked Singer Malaysi...

08/09/2020

Live sports remain a strategic growth pillar for Astro

Live sports remain a strategic growth pillar for Astro Date Released:08 Sep 2020 Share Tweet New Season of the Premier League in 4K UHD on Ultra Box; never...

08/09/2020

Screen Australia announces production funding for 12 documentaries

08 09 2020 - Media release Screen Australia announces production funding for 12 documentaries Strong Women Screen Australia has announced $1.3 million of pro...

07/09/2020

Formulation of "KDDI Accelerate 5.0," with the Aim of Creating a Resilient Future Society in the "New Normal" Era

Accelerating Society 5.0 with 5G by promoting R&D for technologies in seven fiel...

04/09/2020

RAAGA fans stand to win cash prizes in RAAGAvil Kettuttu ...

RAAGA fans stand to win cash prizes in RAAGAvil Kettuttu Sollunggo' Date Released:04 Sep 2020 Share Tweet RAAGA fans stand to take home cash prizes ...

04/09/2020

Toshiba Publishes English Edition of Cyber Security Report 2020

TOKYO Toshiba Corporation (TOKYO: 6502) has published the English edition of Toshiba Group Cyber Security Report 2020, a report of cyber security policy, meas...

03/09/2020

In Love with Mira, Sebuah Cerita Cinta' mula bersiaran 7 ...

In Love with Mira, Sebuah Cerita Cinta' mula bersiaran 7 September Date Released:03 Sep 2020 Share Tweet Media Pack NAURA, saluran gaya hidup Muslim...

30/08/2020

Astro's SMK: Raya Dekat Jauh a winner at ContentAsia Awards 2020

Astro's SMK: Raya Dekat Jauh a winner at ContentAsia Awards 2020 Date Released:30 Aug 2020 Share Tweet Media Pack Astro Ceria's comedy telemovie...

30/08/2020

HUAWEI Video partners Astro for Malaysian movies this National ...

HUAWEI Video partners Astro for Malaysian movies this National Day Date Released:29 Aug 2020 Share Tweet Kuala Lumpur, 28 August 2020 - In conjunction wi...

27/08/2020

Singing competition, RAAGA IDOL', open for auditions

Singing competition, RAAGA IDOL', open for auditions Date Released:17 Aug 2020 Share Tweet Win cash prizes and an opportunity to record a song All Ma...

27/08/2020

Astro Premieres More Content for National Day

Astro Premieres More Content for National Day Date Released:27 Aug 2020 Share Tweet Astro supports Pusat Darah Negara in its blood donation drive Astro ...

26/08/2020

Screen Australia announces $2.7 million for 9 projects

26 08 2020 - Media release Screen Australia announces $2.7 million for 9 projects Nakkiah Lui, Sara Kern, Tai Hara Screen Australia has announced two feature...

24/08/2020

Bondi Hipsters return in Stan Original Dom and Adrian: 2020

24 08 2020 - Media release Bondi Hipsters return in Stan Original Dom and Adrian: 2020 Dom and Adrian: 2020 Stan has announced that production has commenced ...

24/08/2020

New Stan Original series Eden in production

24 08 2020 - Media release New Stan Original series Eden in production Keiynan Lonsdale, Sophie Wilde From the creators of Miss Fisher's Murder Mysteries...

24/08/2020

Stan and Screen Australia announce Bump

24 08 2020 - Media release Stan and Screen Australia announce Bump Carlos Sanson Jnr, Claudia Karvan, Nathalie Morris Stan today announced that production ha...

17/08/2020

Screen Australia and Network 10 announce A Dingo's Got My Baby: The Lindy Chamberlain Story

17 08 2020 - Media release Screen Australia and Network 10 announce A Dingo'...

14/08/2020

Drama Jalan Sesat' Ke Syurga Singkap Isu Akidah Dan Ajaran Sesat

Drama Jalan Sesat' Ke Syurga Singkap Isu Akidah Dan Ajaran Sesat Date Released:14 Aug 2020 Share Tweet Media Pack Drama bersiri Jalan Sesat' K...

13/08/2020

Toshibas New R&D Complex be an Incubator for Cutting Edge Technologies, and a New Landmark for Kawasaki

TOKYO--Thanks to Toshiba Corporation (TOKYO: 6502), the Komukai district of Kawa...

13/08/2020

Six teams to Skip Ahead with Screen Australia and Google Australia

13 08 2020 - Media release Six teams to Skip Ahead with Screen Australia and Google Australia Steph Tisdell and Gabriel Willie on Long Black Screen Australia...

12/08/2020

COMSAT inks deal with ABS to enhance C- and Ku-band U.S. connectivity solutions on ABS-3A

Herndon, VA/ 29 April 2020 - COMSAT Inc., the global satellite connectivity solu...

12/08/2020

Kabir Bhatia Angkat Elemen Muzik, Percintaan & Konflik Keluarga ...

Kabir Bhatia Angkat Elemen Muzik, Percintaan & Konflik Keluarga Dalam Naskhah Terbaharu; Aku, Bunga' Date Released:12 Aug 2020 Share Tweet Media Pac...

11/08/2020

Astro's Ultra Remote Wins a 2020 Red Dot Award for Product ...

Astro's Ultra Remote Wins a 2020 Red Dot Award for Product Design in the TV and Home Entertainment Category Date Released:11 Aug 2020 Share Tweet K...

11/08/2020

Dato' AC Mizal kendali program komedi baharu, Punchline DAC'

Dato' AC Mizal kendali program komedi baharu, Punchline DAC' Date Released:10 Aug 2020 Share Tweet Media Pack Astro Warna dengan berbesar hati ...

07/08/2020

Toshiba a Derwent Top 100 Global Innovators 2020 for Ninth Consecutive Year

TOKYO Toshiba Corporation's (TOKYO: 6502) long-standing dedication to driving forward technological innovation has once again secured its selection for the ...

07/08/2020

HITZ committed to promote more Malaysian talents and their music

HITZ committed to promote more Malaysian talents and their music Date Released:01 Aug 2020 Share Tweet #SapotLokal extends into music selection on HITZ ...

07/08/2020

Toshiba Transfers Shares in Dynabook to Sharp

TOKYO Toshiba Corporation (TOKYO: 6502) hereby announces that it has transferred the 19.9% of the outstanding shares in Dynabook Inc. that it held to Sharp Corp...

06/08/2020

SYOK offers new local SYOKcast series The Academy of ...

SYOK offers new local SYOKcast series The Academy of Spirituality' for a healthy body, mind and spirit Date Released:01 Aug 2020 Share Tweet Now ava...

06/08/2020

Dimensi Berbeza Big Stage 2020' Pada Skala Norma Baharu

Dimensi Berbeza Big Stage 2020' Pada Skala Norma Baharu Date Released:05 Aug 2020 Share Tweet Media Pack Program realiti Big Stage' ialah sebuah...

05/08/2020

Screen Australia announces development funding for 42 projects

05 08 2020 - Media release Screen Australia announces development funding for 42 projects Toni Collette, Tony Briggs Screen Australia has announced 14 featur...

04/08/2020

NJOI : More prepaid choices for customers

NJOI : More prepaid choices for customers Date Released:03 Aug 2020 Share Tweet NJOI contest offers prizes worth up to RM21,000 NJOI customers can enjoy...

01/08/2020

Financial Results for the First Quarter of the Fiscal Year Ending March 2021

July 31,2020 KDDI Corporation KDDI announced the financial results for the first quarter of the fiscal year ending March 2021. Summary In the first quarter o...

29/07/2020

Astro: Agility in Adapting to the New World

Astro: Agility in Adapting to the New World Date Released:29 Jul 2020 Share Tweet Underscores Strategy to Deepen Customer Engagement and Strengthen Value P...

28/07/2020

Screen Australia announces $1 million in Enterprise funding for 15 projects

28 07 2020 - Media release Screen Australia announces $1 million in Enterprise funding for 15 projects Dan and Luke Riches of Ardiol Media Screen Australia h...

27/07/2020

Astro Ria Lancar Program Bual Bicara Eksklusif Next To Neelofa'

Astro Ria Lancar Program Bual Bicara Eksklusif Next To Neelofa' Date Released:24 Jul 2020 Share Tweet Media Pack Setelah mengambil keputusan untuk ...

27/07/2020

Mengangkat tema Jauh Di Mata, Dekat Di Hati', Astro tampil ...

Mengangkat tema Jauh Di Mata, Dekat Di Hati', Astro tampil dengan program penuh keberkatan sempena Aidiladha 1441H Date Released:23 Jul 2020 Share Tw...

27/07/2020

Toshiba Published Brand Video to Introduce the Essence of Toshiba

TOKYO Toshiba Corporation (TOKYO: 6502) has released a new brand video, We are Toshiba 2020, that shines a spotlight on Toshiba Group employees around the wor...

23/07/2020

MY DJ

MY DJ Date Released:18 Jul 2020 Share Tweet Daniel Wayne ( 18 )MY ...

23/07/2020

Astro supports SMEs through its TV, radio and digital platforms

Astro supports SMEs through its TV, radio and digital platforms Date Released:08 Jul 2020 Share Tweet Kuala Lumpur, 9 July - In light of the pandemic and...

22/07/2020

Mazda Receives Support as the Car Maker Expands its Connected Services Worldwide

KDDI to start providing high-quality and reliable global communication worldwide from autumn 2020 KDDI Corporation July 14,2020 Tokyo, July 14, 2020 Mazd...

21/07/2020

SYOK 60k Bonanza' offers daily cash prizes to all Malaysians

SYOK 60k Bonanza' offers daily cash prizes to all Malaysians Date Released:17 Jul 2020 Share Tweet Win a share of RM60,000 in cash from 20 July till ...

17/07/2020

Glass Lewis Joins ISS in Recommending Toshiba Shareholders Vote FOR the Election of All 12 Toshiba Director Nominees

Toshiba Corporation (TOKYO: 6502) today announced that Glass Lewis & Co. ( Glass...