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 Malaysia Holdings Berhad | Result highlights for the second quarter of the financial year ended 31 January 2021 [All comparisons refer to the first quarter of FY21 (Q1FY21): quarter-on-quarter (q-o-q) comparison, except as noted]:
Revenue 4% q-o-q to RM1.09bn
EBITDA 13% q-o-q to RM372mn
PATAMI 81% q-o-q to RM134mn; Normalised PATAMI* 13% q-o-q to RM121mn
Higher dividend of 1.5 sen per share (Q1FY21: 1 sen per share)
Pay-TV ARPU moderated to RM98 primarily due to one-off Sports Pack rebate
Go Shop posted record quarterly revenue: 52% q-o-q to RM145mn
Tun Zaki Azmi, Chairman of Astro, said: With the gradual restarting of economic activities, we saw encouraging signs of recovery in the second quarter. Astro's balance sheet remained strong as it continued to be cash generative, cost disciplined and proactive in its capital management. Despite this, we remain prudent in view of the uncertainties arising from the pandemic. Nevertheless, the Board has declared a higher dividend of 1.5 sen in Q2FY21 (Q1FY21: 1 sen per share).
Henry Tan, Group Chief Executive Officer of Astro said: Playing our role as a responsible corporate citizen, we acted quickly amid the challenging operating environment to serve our customers and nation as well as to ensure the well-being of our employees. We delayed several initiatives including upselling, installations and production of live reality shows. Go Shop pivoted to offer fresh and frozen food and saw record performance. The Q2FY21 results included the full effect of the one-off Sports Pack rebate given to our loyal Sports customers. We believed this was the right thing to do - providing access to other content and compensating for the absence of live sports.
Operations are now close to full capacity. Installations have resumed and we see the Astro Ultra Box continuing its growth trajectory, with over 100k boxes installed, up 60% over 3 months. Customers payment trend is also encouraging, and local productions, global live sports and on-ground events are resuming.
Key Highlights:
Record Performance for Go Shop: Go Shop sustained its strong performance and generated profits. Its registered customers rose 31% y-o-y to 2.6mn. Digital now accounts for 50% of its total sales.
Leading Share in TV Households: With a total customer base of 5.7mn, or 75% of TV households, Astro continues to entertain Malaysians with its signature vernacular and premium content. Our local and vernacular content continues to drive viewership and ad revenue. Customers can look forward to The Masked Singer, the highly anticipated Malaysian version of Korean singing sensation on 18 September.
Headroom for Growth in Sports: As the exclusive broadcaster for the Premier League, Astro provides the most comprehensive coverage with all 380 matches, live and in HD. With the new Ultra Box bundled with Broadband, football fans can enjoy the best viewing experience in 4K UHD and On Demand. With Astro GO, they will never miss a sporting moment!
Home Cinema on Astro First: Our home cinema proposition saw great interest with a 40% y-o-y jump in Pay-Per-View buys in the first half of the year. The positive trend is expected to continue. The latest movie, Jebat, achieved over RM2mn buys in just 11 days.
Strong Digital Engagement: Astro's TV viewership share is strong at 71% with our customers watching over 4 hours of Astro daily across TV, On Demand and Astro GO. With access to over 50k On Demand titles, customers have streamed 77mn On Demand videos in the first half of the year. This is more than double over last year. Average weekly time spent increased by 21% y-o-y to 561 minutes. Astro GO's monthly active users rose 66% y-o-y to 1.4mn while SYOK grew its monthly unique visitors by 9% q-o-q to 345k.
Challenging Adex Environment: With advertisers holding back spending and a pause in the production of Astro's live reality signature content during the MCO, Adex in Q2FY21 declined by 11% q-o-q to RM80mn. Radex, TV Adex and Digital Adex share stood at 81%, 38% and 2% respectively. Adex started to improve from June with the resumption of signature shows, live productions and on-ground events.
Outlook Astro remains cautious in the second half of FY21 due to prevailing uncertainties amid the pandemic, structural changes in the media industry and the ongoing acts of piracy. We are mindful of the potential impact on consumers' disposable income and sentiments when the loan moratorium ends. We will continue to support our commercial customers, who are still affected by the ongoing RMCO.
The Group's agility in adapting to the new normal has allowed us to deepen our engagement with customers, strengthen our value proposition and seize opportunities for adjacencies in commerce, broadband, digital and OTT. We are committed to be the Entertainment Destination for Malaysians and will drive digital, aggregate more streaming OTT services, push broadband bundles, produce more winning and compelling content whilst simplifying our products, packages and processes. Tan said.
* Normalised PATAMI excludes post-tax impact of unrealised forex gain/(loss) due to mark-to-market revaluation of transponder-related lease liabilities.
Most recent headlines
09/11/2025
Dalet today announced a transformative leap forward for media operations: Agentic Artificial Intelligence (AI) that unifies the Dalet ecosystem under one natura...
21/10/2025
Globecast, the leading provider of broadcast, media and entertainment managed services, has announced the appointment of G Morgan as Executive Vice President of...
21/10/2025
Visual Data announces the appointment of Maz Al-Jumaili as Senior Vice President, Worldwide Localization, to advance client engagement, strategic partnerships, ...
21/10/2025
As Amazon's Prime Video prepares to launch its coverage of NBA basketball under a major new deal, Grup Mediapro has announced that it is working with the st...
21/10/2025
ATLANTA Good news for consumers using an Atlanta DTH receiver to watch ATSC 3.0: with a new software update, they will be able to blanket their homes with Wi-Fi...
21/10/2025
While recent news has been heavily focused on Hispanic migration into the U.S., The 2025 Hispanic Market Report from Claritas highlights the fact that this gr...
21/10/2025
MAIDENHEAD, UK RWS has hired Michael Wayne as its head of media and entertainment in Los Angeles where he will lead the company's media localization busines...
21/10/2025
Imagine Communications and Rohde & Schwarz today announced a definitive agreement under which Imagine will acquire Pixel Power Limited, a wholly owned subsidiar...
21/10/2025
Atlanta DTH (ADTH) today announced a major update that will expand the functionality of its NEXTGEN TV receiver by enabling gateway capabilities allowing viewer...
21/10/2025
Heartland Video Systems, Inc. (HVS), a premier video systems integration, consulting, and expert ATSC 3.0 implementation firm announces that it has partnered wi...
21/10/2025
QuickLink, the leading provider of award-winning video production and remote guest integration solutions, today announced the appointment of Austin Hinton as it...
21/10/2025
nternet connectivity startup Miri Technologies Inc. will use this week's NAB Show New York as the launch pad for its latest ground-breaking innovation, the ...
20/10/2025
Inside TAMS: How Time-Addressable Media Stores could redefine sports workflows By Paul Markham
Friday, October 17, 2025 - 08:57
Print This Story
A penalty...
20/10/2025
Transformational production: Inside TVN's remote production push for the DFL...
20/10/2025
How NBC Sports Transitioned Stamford Facility to One Format: 1080p HDRMulti-year plan harmonizes workflows, simplifies operationsBy Ken Kerschbaumer, Editorial ...
20/10/2025
NBA on NBC' Studio Production Team Is Ready for Tip-Off With Coast-to-Coast...
20/10/2025
Under pressure: TVN CEO Markus Osthaus considers the German sports broadcasting ...
20/10/2025
(L-R) Maria Dizzia, Carmen Emmi, and Russell Tovey attend the Plainclothes pre...
20/10/2025
In March, we launched Concerts Near You to help listeners find concerts from their favorite artists. Since then, more than 3 million people have used it to disc...
20/10/2025
Em diversas cidades do Brasil, um movimento tem se fortalecido para celebrar o poder, a beleza e a profundidade da criatividade negra. O Dia AMPLIFIKA, agora em...
20/10/2025
In cities across Brazil, a movement is growing that celebrates the power, beauty, and depth of Black creativity. AMPLIFIKA Day, now in its fifth edition, return...
20/10/2025
Airborne Early Warning and Control aircraft rendering...
20/10/2025
DENVER and MUNICH Imagine Communications today announced its plans to acquire Pixel Power Ltd., a wholly owned subsidiary of Rohde & Schwarz. Financial terms of...
20/10/2025
LOS ANGELES G Morgan has joined Globecast, a provider of broadcast, media and entertainment managed services, as executive vice president of sales, Globecast Am...
20/10/2025
PLYMOUTH, Wisc. Heartland Video Systems and Zixi have partnered to enable broadcast-quality live video delivery over any IP network....
20/10/2025
A. R. Rahman on Facing Fear and Finding the Divine In an interview with Berklee President Jim Lucchese, the Oscar-winning composer reflects on how courage and...
20/10/2025
Monday 20 October 2025
To view this content, please enable our use of cookies. ...
20/10/2025
Rohde & Schwarz transfers Pixel Power to Imagine Communications Companies work collaboratively to ensure continuity and ongoing support for existing customers...
20/10/2025
RT 's Prime Time is set to host the final Presidential Election Debate this Tuesday night, October 21, providing an opportunity to hear directly from Irelan...
20/10/2025
NVIDIA and Google Cloud are expanding access to accelerated computing to transform the full spectrum of enterprise workloads, from visual computing to agentic a...
19/10/2025
Back to All News
Sins of Kujo' Comes to Life in New Live-Action Series Set for Spring 2026
Entertainment
19 October 2025
GlobalJapan
Link copied to cl...
18/10/2025
New England Sports Network (NESN) has chosen Harmonic, working with Astound Business Solutions, as its enterprise technology partner to transform primary distri...
18/10/2025
NEW ORLEANS, La. In the run-up to the start of the NBA season, WVUE-TV and Gray Local Media have announced a deal with DirecTV that will greatly expand access t...
18/10/2025
Berklee Celebrates 40 Years of the Fall Together Concert Faculty composers Bob Pilkington and Greg Hopkins are among the featured artists for this year's ...
17/10/2025
NEP Group Receives New Equity Investment From 26North Partners LP, Co-InvestorsCarlyle remains the largest shareholder as the company prepares for the futureBy ...
17/10/2025
Apple Lands Five-Year Deal for F1 Distribution in the U.S.Besides airing on Apple TV, the sport will be amplified on other Apple servicesBy Ken Kerschbaumer, Ed...
17/10/2025
SVG Sit-Down: Marshall Electronics' Bernie Keach on the Future of PTZ Camera...
17/10/2025
L2 Productions' REMI Facility in Austin Can Produce Content From AnywhereMusic festivals, sports events are produced via flypacks and remote control roomsBy...
17/10/2025
By Lucy Spicer
One of the most exciting things about the Sundance Film Festival...
17/10/2025
(L-R) Christopher Meyer, Addison Timlin, Cooper Raiff, Lili Reinhart, Alyah Chan...
17/10/2025
M sica e arte se uniram em uma noite especial na semana passada na ZIV Gallery, ...
17/10/2025
Music and art came together for one special night last week at ZIV Gallery, an i...
17/10/2025
Spotify and FC Barcelona are extending our partnership through 2030, continuing a collaboration that's redefining how fans, players, and artists connect. Th...
17/10/2025
MURRIETA, Calif. The Sports Fishing Championship (SFC) has deployed DigitalGlue's creative.space storage platform to streamline video production by centrali...
17/10/2025
BELLEVUE, Wash. Football continued to cement its reputation as a bulwark of TV advertising in Q3 2025 with new data from iSpot that showed both the NFL and coll...
17/10/2025
The Sports Fishing Championship (SFC), the premier competitive saltwater fishing series, has transformed its production workflow by adopting creative.space, the...
17/10/2025
QuickLink, a leading provider of award-winning multi-camera video productions and remote contribution solutions, announces the release of StudioPro Version 4, ...
17/10/2025
Although the annual Grammy Awards celebration is best known for recognizing achievements in the recording industry, the show often proves a visual spectacle as ...
17/10/2025
OpenDrives, Inc., a leading provider of software-defined data storage and data services, has promoted Alex Dunfey to Chief Technology Officer (CTO) from his for...
Astro Records Q-o-Q Improvement 
