Sony Pixel Power calrec Sony

Astro Continues Positive Q-o-Q Results

03/12/2020

Astro Continues Positive Q-o-Q Results

Date Released:03 Dec 2020

Share

Tweet

REVENUE 2%; PATAMI 23%; ADEX 59%

Astro Malaysia Holdings Berhad | Result highlights for the third quarter of the financial year ended 31 January 2021 [All comparisons refer to the second quarter of FY21 (Q2FY21): quarter-on-quarter (q-o-q) comparison, except as noted]:

Revenue 2% q-o-q to RM1.11bn

EBITDA 8% q-o-q to RM402mn

PATAMI 23% q-o-q to RM165mn; Normalised PATAMI* 26% q-o-q to RM152mn

Adex 59% q-o-q to RM127mn

Go Shop posted quarterly revenue of RM111mn, up 19% year-on-year

Pay-TV ARPU is stable q-o-q at RM97.60

Declared dividend of 1.5 sen per share

Tun Zaki Azmi, Chairman of Astro, said: Amidst the gradual reopening of the economy and relaxation of the MCO, we registered improvement in our performance for the third quarter. Astro's balance sheet remained strong as it continued to be cash generative, cost disciplined and proactive in its capital management. The Board has declared a third interim dividend of 1.5 sen in Q3FY21.

Henry Tan, Group Chief Executive Officer of Astro said: Astro achieved positive results over two consecutive quarters, underpinned by our ability to adapt to the challenges and changing landscape. In spite of the recent restriction of movements, Astro was well-prepared and thus, able to continue with productions and live shows with strict SOPs in place; as well as new installations and home visits, with minimal disruption to our business operation.

Key Highlights

Adex Recovers: With less restrictions and the restart of key signatures, Adex recovered in Q3FY21. TV viewership share grew to 73%. Radex, TV Adex and Digital Adex share stood at 79%, 39% and 3% respectively. Astro's radio brands maintained their No.1 position in their respective languages, reaching 15.7mn weekly listeners, with 3.6mn monthly digital radio users. SYOK's monthly unique visitors (MUV) grew by 9% q-o-q to 377k. Astro's digital brands such as Astro Awani, Gempak, Xuan and Astro Ulagam registered a total MUV of 13.4mn. With 8mn followers, Astro Awani is Malaysia's #1 news channel on social media.

Local and Vernacular Content Continues to Drive Viewership: Gegar Vaganza, Big Stage and The Masked Singer resonated with viewers and garnered TV viewership of 3mn, 2.4mn and 1.9mn respectively. Bidadari Kiriman Tuhan and Perempuan Tanpa Dosa were well-received among drama fans with viewership of 1.9mn and 1.6mn respectively. We expect this trend to continue with a strong line up of key signatures in December. They include our Astro Original series, Kampong Pisang Bersiri-siri, Konsert Hora Horey Wayang Didi & Friends and Anugerah MeleTOP ERA, which will be the first Malaysian live show in 4K UHD.

Home cinema: Our Astro First box office continues to grow. Pay-Per-View buys in 9MFY21 jumped 84% y-o-y. Mael Totey broke new records, raking in over RM7.0mn, making it the highest-grossing film ever on Astro First.

Better viewing experience and engagement: With 4K UHD content available On Demand via Astro Ultra Box and the download function on Astro GO, customers can now enjoy better viewing quality and convenience. Viewers spend over 4 hours daily across TV, On Demand and Astro GO. Customers streamed 134mn On Demand videos in 9MFY21, registering 161% jump y-o-y. Astro GO's monthly active users rose 78% y-o-y to 1.7mn, driven primarily by live sports and vernacular content. NJOI prepaid revenue increased by 7% q-o-q as we expanded content packs and distribution. Astro Ultra Box is now serving 160k homes and is key to driving broadband installations, both growing in tandem at 60% q-o-q.

Go Shop continues to grow: Go Shop posted quarterly revenue of RM111mn. 9MFY21 revenue rose 31% y-o-y to RM351mn while its registered customers increased 30% y-o-y to 2.7mn. Digital now accounts for over 50% of its total sales.

Sustainability and Societal Impact: With schools closed nationwide, Astro continues to champion education with Pelan A SPM and TV Pendidikan on Tutor TV and Astro Ceria to support students in their revisions. Separately, Astro is collaborating with the National Film Development Corporation Malaysia (FINAS) to help local companies resume the production, distribution and marketing of their films.

Outlook

The Group remains cautious of the potential impact of the recently reimposed CMCO (Conditional MCO), which may be extended. Amidst structural changes in the media industry and ongoing acts of piracy, further extensions of CMCO may impact advertising and commercial revenue.

The Group's agility in adapting to the new normal has allowed us to deepen our engagement with our customers, strengthen our value proposition and seize opportunities for adjacencies in commerce, broadband, digital and OTT. The Group is committed to be the Entertainment Destination for Malaysians, by aggregating more streaming OTT services, pushing broadband bundles, producing more winning and compelling content and simplifying our products, packages and processes, said Tan.

The Group will continue to cost optimise, re-prioritise capex and actively manage its capital to further strengthen its balance sheet.

*Normalised PATAMI excludes post-tax impact of unrealised forex gain/(loss) due to mark-to-market revaluation of transponder-related lease liabilities.
LINK: https://www.astro.com.my/mediaroom/articledetails.aspx?id=1288&title=a...
See more stories from astro

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

07/10/2026

Dalet Flex LTS Delivers Smarter Media Operations from Ingest to Distribution

Dalet, a leading technology and service provider for media-rich organizations, today announced the latest Long-Term Supported (LTS) release of Dalet Flex. Build...

06/09/2026

Dolby and MagentaTV Bring Fans Closer to the FIFA World Cup 2026 in Germany with Dolby Vision and Dolby Atmos

June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...

26/08/2026

Bolin Technology and ITDev Join AIMS

Share Copy link Facebook X Linkedin Bluesky Email...

26/08/2026

Enco to Highlight Caption, Translation Enhancements at IBC2026

Share Copy link Facebook X Linkedin Bluesky Email...

26/08/2026

ZOO Digital Chooses Interra Systems BATON for Quality Control

Share Copy link Facebook X Linkedin Bluesky Email...

26/08/2026

Gomez Criticizes FCC's Media Bureau on Political Advertising

Share Copy link Facebook X Linkedin Bluesky Email...

26/08/2026

Tedial to Demo AI-Driven Media Supply Chain Solutions at IBC 2026

Share Copy link Facebook X Linkedin Bluesky Email...

26/08/2026

AIMS Welcomes Bolin Technology and ITDev as Newest Member...

PTZ Camera Manufacturer and FPGA Design Specialist Join Alliance to Advance IPMX and Open AV-over-IP Standards The Alliance for IP Media Solutions (AIMS) today...

26/08/2026

ZOO Digital Selects Interra Systems BATON for File-Based...

BATON offers ZOO Digital advanced audio and video quality analysis, and scalable architecture Interra Systems, a leading provider of end-to-end quality assuran...

26/08/2026

Scottish Rugby Expands Managed Coach Communications Partn...

Riedel Communications today announced the continued expansion of its managed coach communications partnership with Scottish Rugby Union. Now entering its third ...

26/08/2026

Zixi Demonstrates Hybrid Workflows and Proven Live Video...

Zixi brings Broadcaster V19 and showcases interoperable platform on Stand 5.A76 Zixi, a leader in live video delivery and workflow orchestration, will be exhib...

26/08/2026

Scripps Research professor Jeffery Kelly elected to the European Academy of Engineering

LA JOLLA, CA-Jeffery Kelly, the H. Lutcher Brown Professor of Chemistry at Scrip...

26/08/2026

Indie Developer Launches Orty, aWindows App That Helps Freelance VideoEditors Find Better Clients

Indie Developer Launches Orty, aWindows App That Helps Freelance VideoEditors Fi...

26/08/2026

BTS on Sinners and Is God Is Shot with Pocket Cinema Camera 6K Pro

BTS on Sinners and Is God Is Shot with Pocket Cinema Camera 6K Pro Brie Clayton August 25, 2026 0 Comments Award winning filmmaker Travis Henry elevat...

25/08/2026

Open, Sustainable, Predictable: What Utah Scientific Is Bringing to IBC 2026

Open, Sustainable, Predictable: What Utah Scientific Is Bringing to IBC 2026 As broadcast leaders prepare to gather at the RAI Amsterdam for IBC 2026, the main ...

25/08/2026

The Big Shift: Inside NC State's Phased Move From SDI to SMPTE ST 2110

NC State's Matthew Byrd breaks down how an IP-based infrastructure is delivering greater flexibility and scalability for Wolfpack productions...

25/08/2026

Monumental Sports Network Adds DAZN as Distribution Partner for Monumental+ in the DMV

Deal expands the DTC reach in-market of Capitals, Wizards, Mystics games and oth...

25/08/2026

Jacksonville Jaguars Carlos Caceres on Producing Shows at an Ever-Evolving EverBank Stadium

The two-year renovation period will create a stadium of the future for the NFL f...

25/08/2026

Behind The Mic: Genie Bouchard Joins ESPN for 2026 US Open; NBC Sports Names College Football Announce Hosts

Behind The Mic provides a roundup of recent news regarding on-air talent, includ...

25/08/2026

LD Systems Installs L-Acoustics A Series at Shell Energy Stadium in Houston

Shell Energy Stadium in Houston has installed a new L-Acoustics A Series loudspeaker system, designed and installed by LD Systems, a Clair Global brand. The 20,...

25/08/2026

FloCollege Expands Distribution and Adds Features for 2026-27 Season

FloCollege is expanding its distribution and product offerings for the 2026-27 season, covering more than 20 NCAA partner conferences across Division I, II, and...

25/08/2026

TNA Wrestling and REVOLT Announce Content Partnership

TNA Wrestling and REVOLT have announced a content partnership bringing exclusive TNA Xplosion matches and content from TNA's library to REVOLT. Our indust...

25/08/2026

Gracenote: FAST Sports Programming Growth Outpaces Channel Growth

Gracenote, Nielsen's content intelligence business, has released its Q3 2026 Data Hub analysis showing that FAST sports programming is growing at more than ...

25/08/2026

Amagi Appoints Thomas dHrouville Head of Sales for France, Benelux, and Nordics

Amagi has appointed Thomas d'H rouville as Head of Sales for France, Benelux, and Nordics. Based in Paris, he will lead Amagi's growth strategy across t...

25/08/2026

IPC Appoints CCATech as Channel Partner in Brazil

IPC has appointed CCATech as its channel partner in Brazil, expanding the company's presence in Latin America. CCATech was founded in 2023 by Carlos Abrah o...

25/08/2026

FanConnect Introduces FC4 Multi-Output Media Player

FanConnect has announced the FC4, a multi-output media player designed to drive mid-sized video walls, multi-screen concession stands, and multi-display digital...

25/08/2026

JWX Launches JWX Content Hub for Publisher Video Distribution and Monetization

JWX has launched JWX Content Hub, a platform for publisher video that combines content transformation, social distribution, audience engagement, and monetizatio...

25/08/2026

Techex Appoints Stuart Almond as Chief Revenue Officer

Techex has appointed Stuart Almond as Chief Revenue Officer. Almond brings more than 25 years of experience across technology, media, and telecommunications, ha...

25/08/2026

IBC 2026: Grass Valley to Showcase Unified SDI, IP, and Software Infrastructure

Grass Valley will demonstrate infrastructure connecting SDI, SMPTE ST 2110, MXL, and software-based processing at IBC2026 (Booth 9.A01, RAI Amsterdam, September...

25/08/2026

Taking Control: How Professional Sports Teams Are Building Their In-Market Future as the RSN Model Fractures

Franchises are taking greater ownership of production, distribution, and the fan...

25/08/2026

The PRO Tour Takes Golf Broadcasts Wireless With BMG's REMI-Driven Production Model

The first-year circuit for former professional athletes leans on LiveU, Starlink...

25/08/2026

UNIVERSAL FILM AND FOCUS FEATURES RENEW EXCLUSIVE PARTNERSHIP WITH SUNDANCE INSTITUTE TO SUPPORT RISING FILMMAKERS

Announcing the 2026 Sundance Institute Breakthrough | Focus Features Fellows L...

25/08/2026

Soundgas third John Paul Jones auction now live

Auction Part 3 running until 9 September 2026 Soundgas have announced that the latest stage of their John Paul Jones Gear Auction is now live, and that bids...

25/08/2026

MONO Music Conference programme announced

Over 60 award-winning artists, songwriters, producers, engineers The MONO Music Conference (formerly Music Expo SF), San Francisco's premier event for m...

25/08/2026

Groove Synthesis update the 3rd Wave

All three versions receive firmware upgrade Groove Synthesis have just launched a free firmware update that kits the 3rd Wave out with two major new feature...

25/08/2026

Clear-Com FreeSpeak Cell Field Trial Demonstrates Cellular Intercom Capabilities...

eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...

25/08/2026

BMG Taps LiveU For REMI Coverage of Golf's Pro Tour

Share Copy link Facebook X Linkedin Bluesky Email...

25/08/2026

Rate of Subscription Fee Hikes Drops for Netflix, Disney+ and Amazon

Share Copy link Facebook X Linkedin Bluesky Email...

25/08/2026

Law&Crime Reconvenes Court TV on Amagi CLOUDPORT

Share Copy link Facebook X Linkedin Bluesky Email...

25/08/2026

Akta Tech To Showcase AI-First Video Platform At IBC 2026

Share Copy link Facebook X Linkedin Bluesky Email...

25/08/2026

Major Live Sports Events Bolster Broadcast Viewing in Q2 2026

Share Copy link Facebook X Linkedin Bluesky Email...

25/08/2026

Lingopal debuts real-time AI translation advances for mul...

Lingopal, the AI-powered live translation and localization specialist, is unveiling new platform capabilities at IBC2026 (11 14 September, RAI Amsterdam), helpi...

25/08/2026

TV5MONDE combines AI and editorial expertise with Bminty...

Bminty is supporting TV5MONDE in the evolution of its editorial processes through a new AI-assisted press information generation solution. Combining the Louise ...

25/08/2026

Two Cultures. Millions Reached. One Berklee Connection.

Two Cultures. Millions Reached. One Berklee Connection. Meet Annie Dickinson and Zhengxi Zhang-the couple who turned their creative partnership into music car...

25/08/2026

Law and Crime Moves Court TV to Amagi CLOUDPORT for Unifi...

Amagi, the media industry cloud platform for unified broadcast, streaming, and monetization, today announced that Law&Crime has migrated its Court TV channel, s...

25/08/2026

Broadcast Solutions demonstrates world-class technology a...

Broadcast Solutions, a leading systems integrator and provider of innovative solutions for the broadcast and media industry, is showcasing the breadth of its ca...

25/08/2026

Leader boosts Test and Measurement capabilities for Denma...

Thatcham, UK 25 August 2026: Test & measurement innovator, Leader Electronics, has announced that leading broadcast rental company Minitech has purchased a Le...

25/08/2026

Appear and TVTEL power centralised VAR signal transport i...

Appear's X20 Platform enables visually lossless video contribution with sub-frame latency and full path redundancy for TVTEL's centralised VAR operation...

25/08/2026

Big Blue Marble to showcase next-generation 5G Broadcast...

World-first demonstration combines 5G Broadcast and Media over QUIC for seamless, ultra-low-latency hybrid media delivery Big Blue Marble will showcase new dev...