Sony Digital Rapids Pixel Power calrec Sony

Astro Posts RM2.7BN Revenue in H1FY19

27/09/2018

Astro Posts RM2.7BN Revenue in H1FY19

Date Released:26 Sep 2018

Share

Tweet

eCommerce delivers strong 34% revenue growth

Secures exclusive rights for Premier League till 2021/22 season

Astro Malaysia Holdings Berhad | Results highlights for the first half of the financial year ending 31 January 2019 (H1FY19)

Diversification underpins revenue resilience in a challenging market

Pay TV ARPU at RM99.9, Revenue remained resilient at RM2.7bn

EBITDA at RM750mn

PATAMI at RM191mn

Strong FCF of RM691mn enables second interim dividend of 2.5 sen per share

eCommerce Go Shop delivers strong performance with revenue +34% y-o-y to RM177mn

Higher prepaid voucher activation drives NJOI Prepaid revenue +15% y-o-y to RM53mn

Adex -11% y-o-y to RM312mn

Total customers +7% y-o-y to 5.6mn, driven by NJOI Prepaid

Tun Zaki Azmi, Chairman of Astro, said: Astro continues to be cash generative, cost disciplined and proactive in its capital management whilst navigating through a challenging market and competitive media environment. The Board is pleased to declare a second interim dividend of 2.5 sen per share.

Henry Tan, Chief Executive Officer designate of Astro, said: As budgeted, we experienced increased content costs for the 2018 FIFA World Cup. In addition, financial results were affected by the reduced need to advertise during the tax holiday period from 1 June to 31 Aug 2018 and the depreciating Ringgit. Nevertheless, we continue to have stable revenues across TV and radio with diversification from digital platforms, eCommerce, licensing income and theatrical sales.

Deeper Customer Engagement Across Platforms

Astro continues to increase engagement across all platforms now reaching 23mn TV viewers, 16.9mn weekly radio listeners, 7.0mn average monthly unique digital visitors and 1.5mn shoppers. With 5.6mn customers translating to 76% household penetration, Astro's reach is unparalleled.

920,000 households are already connected to Astro's On Demand service which represents a 44% y-o-y growth with the number of programmes watched on demand tripling to 23.7mn. Astro GO registered users grew by almost 50% y-o-y to 1.9mn.

Solid eCommerce Performance

Go Shop's offerings continue to resonate with customers. Spurred by sales campaigns and zerorisation of the Goods and Services Tax, revenue rose 34% y-o-y to RM177mn, with total registered customers increasing by 50% y-o-y to 1.5mn.

Soft Adex Market

Astro's compelling content continues to drive viewership making Astro increasingly attractive to advertisers with TV viewership share at 75% and radio listenership at 16.9mn. Astro's share of TV Adex and Radex remained strong at 41% and 75% respectively.

New Premier League Seasons Exclusively on Astro

Content being a key differentiator, Astro is pleased to announce exclusive Premier League rights for the next three seasons till 2021/22. Football fans can look forward to all 380 matches live and in HD across TV and Astro Go, with selected matches available in 4K UHD.

Astro's Home of Sports' proposition was further reinforced this year through broadcast of the 2018 FIFA World Cup, 2018 Commonwealth Games and 2018 Asian Games. World Cup viewership on Astro continued to increase across all platforms. During the 2018 FIFA World Cup, TV viewership reached an all-time high of 11.6mn, and 1mn on Astro GO resulting in over 120k World Cup passes sold, as revenues from World Cup passes increased by 50% from the 2014 World Cup.

Breaking Records and Championing Local Content

With previous local box office record at RM18mn, Hantu Kak Limah set the new benchmark by more than doubling the box office to RM38mn, beating latest Hollywood blockbusters; Mission: Impossible - Fallout and Marvel's Deadpool 2. Astro's latest Signature IP, Big Stage, is a first-of-its-kind talent show featuring social media stars and it achieved 18.8mn digital views and 2.0mn TV viewership. Astro's homegrown content IPs continue to grow in importance.

Outlook

Henry Tan said: Going forward, we expect the group's second half performance to improve and we will remain focused on key business drivers. Astro is committed to improving customer experience beginning with a new interface for premium customers on TV and Astro GO allowing for a seamless viewing experience across all screens and the introduction of 4K Ultra HD offerings.
LINK: http://www.astro.com.my/mediaroom/articledetails.aspx?id=3788&title=as...
See more stories from astro

Asia, Australia & Oceanic Stories

21/05/2019

Get the latest on the 2019 Indian General Election results on ...

Get the latest on the 2019 Indian General Election results on Sun News Date Released:21 May 2019 Share Tweet ( ...

18/05/2019

Statement from SBS regarding the passing of former Prime Minister of Australia, Bob Hawke AC

Statement from SBS regarding the passing of former Prime Minister of Australia, ...

17/05/2019

Save 1,000mo. with 'Family Discount Plus' When 3 or More Family Members Subscribe

KDDI CORPORATION Okinawa Cellular Telephone Company May 13,2019 -- KDDI and ...

16/05/2019

Bluey fetches a second series

16 05 2019 - Media release Bluey fetches a second series Bluey series 2 Families across Australia have asked for more Bluey, and we're happy to announce ...

16/05/2019

Notice of Nominees for Directors (Resolution planned, June 19, 2019)

May 15,2019 KDDI Corporation KDDI Corporation resolved at a meeting of the Board of Directors held today to change (retire) a director and nominate following ...

16/05/2019

Notice Regarding the Cancellation of Treasury Stock

May 15,2019 KDDI Corporation The Board of Directors of KDDI Corporation (KDDI,) at its meeting held today, resolved that KDDI will cancel a portion of its tre...

16/05/2019

Financial Results for the Fiscal Year Ended March 2019

May 15,2019 KDDI Corporation KDDI announced the financial results for the fiscal year ended March 2019. Summary In the fiscal year ended March 31, 2019, cons...

15/05/2019

Stateless to start production featuring all-star cast

15 05 2019 - Media release Stateless to start production featuring all-star cast Fayssal Bazzi, Yvonne Strahovski, Claude Jabbour Brand new drama Stateless h...

14/05/2019

Filmmakers announced for Cook 2020: Our Right of Reply

14 05 2019 - Media release Filmmakers announced for Cook 2020: Our Right of Reply Cook 2020: Our Right of Reply filmmakers and producers Screen Australia an...

09/05/2019

Astro Celebrates All Parents with Complimentary Access to ...

Astro Celebrates All Parents with Complimentary Access to Channels Date Released:09 May 2019 Share Tweet To celebrate and give thanks to all parents, Astro...

09/05/2019

Screen Australia announces nearly $800K for five online projects

09 05 2019 - Media release Screen Australia announces nearly $800K for five online projects Phi and Me A teenager navigating the trials of her tiger mum, a s...

06/05/2019

SBS to bring a world of cinema to all Australians with the launch of SBS World Movies free-to-air

SBS to bring a world of cinema to all Australians with the launch of SBS World M...

04/05/2019

Grab RM6000 cash prize on RAAGA

Grab RM6000 cash prize on RAAGA Date Released:27 Apr 2019 Share Tweet 2.0: 6,000 ...

04/05/2019

Astro mengangkat tema Sempurna Seadanya' bagi melatari kempen ...

Astro mengangkat tema Sempurna Seadanya' bagi melatari kempen Ramadan dan Raya 2019 Date Released:02 May 2019 Share Tweet Raikan pelanggan dengan saj...

03/05/2019

Toshiba Strengthens Africa Presence with New Branch Office in Kenya

Opening Ceremony of Toshiba Africa (Pty) Kenya Branch Nairobi, KENYA and Tokyo, JAPAN Toshiba Corporation (Tokyo: 6502) announces establishment of its new br...

01/05/2019

ACE Varsity, Malaysia's first Esports and Gaming Job Portal & ...

ACE Varsity, Malaysia's first Esports and Gaming Job Portal & E-Curriculum Programme Date Released:30 Apr 2019 Share Tweet eGG Network continues to g...

01/05/2019

Champion Data Provides In-Game Graphics to Fox Footy's First 4K AFL Broadcast Using Lynx Technik's SDI Converter

(Sydney, Australia, 30 April 2019) Techtel, Australia's leading broadcast sy...

24/04/2019

Astro partners with Synamedia for new video services

Astro partners with Synamedia for new video services Date Released:24 Apr 2019 Share Tweet Technology transformation and cloud DVR delivering a personali...

19/04/2019

ZAYAN BAYAR BIL KEPERLUAN PEMINAT

ZAYAN BAYAR BIL KEPERLUAN PEMINAT Date Released:19 Apr 2019 Share Tweet Masalah pembayaran bil memberi tekanan dan membebankan anda? Sertai ZAYAN BAYAR u...

18/04/2019

KDDI to Offer "Travel Data eSIM powered by GigSky" Japan's First eSIM Service for Dual SIM iPhones

KDDI CORPORATION OKINAWA CELLULAR TELEPHONE COMPANY April 11,2019 KDDI CORPOR...

18/04/2019

Astro Vaanavil Short Film Contest Is Open For Entry Now

Astro Vaanavil Short Film Contest Is Open For Entry Now Date Released:18 Apr 2019 Share Tweet ...

18/04/2019

The Astro Masters 2019 is back with finals in Taiwan. Win Prizes ...

The Astro Masters 2019 is back with finals in Taiwan. Win Prizes worth over RM600,000, including a Mazda CX-9 Date Released:18 Apr 2019 Share Tweet Golfe...

18/04/2019

Australia, make your vote count in the Eurovision Song Contest

Australia, make your vote count in the Eurovision Song Contest Read the media release here [PDF]...

11/04/2019

All Malaysians can watch full seasons of HBO Original Game of ...

All Malaysians can watch full seasons of HBO Original Game of Thrones with special Pass Date Released:11 Apr 2019 Share Tweet Stream Game of Thrones and ...

10/04/2019

Screen Australia announces over $600,000 in development funding

10 04 2019 - Media release Screen Australia announces over $600,000 in development funding Imogen Banks and Asher Keddie on The Sisters Antipodes Screen Aust...

09/04/2019

Screen Australia announces over $1.6 million for new documentary projects

09 04 2019 - Media release Screen Australia announces over $1.6 million for new documentary projects The Real Jaws: The Valerie Taylor Story Screen Australia...

09/04/2019

Blaze Digital Partners TotallyAwesome for Kid-Safe Content

Blaze Digital Partners TotallyAwesome for Kid-Safe Content Date Released:08 Apr 2019 Share Tweet Astro's digital marketing arm, Blaze Digital, has an...

08/04/2019

Game of Thrones star Aidan Gillen leads the critically acclaimed new drama series Project Blue Book on SBS

Game of Thrones star Aidan Gillen leads the critically acclaimed new drama serie...

05/04/2019

Techtel and Samoa Digital Communications Limited to Build and Operate the Country's First Digital Terrestrial Broadcasting Infrastructure

Sydney, 5 April 2019 - Techtel was selected by Samoa Digital Communications Limi...

05/04/2019

SBS Food and Screen Territory to bring Australians a taste of Delicious Darwin with new series

SBS Food and Screen Territory to bring Australians a taste of Delicious Darwin w...

05/04/2019

SBS launches Cultural Connect

SBS launches Cultural Connect 29 March 2019 Media Release SBS has launched SBS Cultural Connect, a collection of distinctive services designed to help adve...

05/04/2019

Statement in response to the Federal Budget

Statement in response to the Federal Budget 2 April 2019 Media Statement SBS welcomes the funding of $887 million over the next three years it has received...

02/04/2019

Techtel S. E Asia Pte Ltd welcomes a new Territory Manager in a new office

Techtel is excited to announce the appointment of Susan Lim as Territory Manager in charge of our new Singapore office. Susan will be responsible for promoting ...

02/04/2019

ZAYANSasterap sediakan peluang anak muda jadi penyanyi rap

ZAYANSasterap sediakan peluang anak muda jadi penyanyi rap Date Released:02 Apr 2019 Share Tweet Impian tiga anak muda untuk belajar dan mendalami aliran...

01/04/2019

Emma Booth and Ewen Leslie lead cast of The Gloaming

01 04 2019 - Media release Emma Booth and Ewen Leslie lead cast of The Gloaming Emma Booth and Ewen Leslie to star in The Gloaming Stan, Screen Tasmania and ...

28/03/2019

CineCert, Marquise Technologies and Venera Technologies to launch the COMMA Workflow

CineCert, Marquise Technologies and Venera Technologies to launch the COMMA Work...

27/03/2019

KDDI, DNI Develop 3.2-terabit Packet Router Using OSS for 5G-friendly Transmission

KDDI CORPORATION Delta Networks, Inc. March 22,2019 KDDI CORPORATION (Headqua...

27/03/2019

Deborah Mailman AM appointed to Screen Australia Board

27 03 2019 - Media release Deborah Mailman AM appointed to Screen Australia Board Deborah Mailman In an announcement today, the Morrison Government has appoi...

27/03/2019

Astro Posts FY19 Revenue of RM5.5bn

Astro Posts FY19 Revenue of RM5.5bn Date Released:26 Mar 2019 Share Tweet Astro Malaysia Holdings Berhad | Results highlights for the financial year ende...

25/03/2019

Raagavin Nadana Sooraavaali Grand Finale

Raagavin Nadana Sooraavaali Grand Finale Date Released:25 Mar 2019 Share Tweet : ...

25/03/2019

Network 10 and Screen Australia bring you OUT HERE

25 03 2019 - Media release Network 10 and Screen Australia bring you OUT HERE Network 10 News First Perth newsreader Narelda Jacobs Network 10 and Screen Aus...

19/03/2019

Raagavin Nadana Sooraavaali Top 20 finalists

Raagavin Nadana Sooraavaali Top 20 finalists Date Released:19 Mar 2019 Share Tweet 17- ...

18/03/2019

Indigenous comedy series KGB greenlit by ABC

18 03 2019 - Media release Indigenous comedy series KGB greenlit by ABC KGB Screenwest, Screen Australia and ABC Indigenous are pleased to announce KGB, a co...

14/03/2019

Win up to RM10,000 cash with HITZ Trapped'

Win up to RM10,000 cash with HITZ Trapped' Date Released:14 Mar 2019 Share Tweet Use the clues. Find the House. Collect the Cash. The HITZ Morning ...