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...

07/08/2026

Berklee City Music Presents Nine Scholarships and Awards at Annual Concert

Berklee City Music Presents Nine Scholarships and Awards at Annual Concert Student recipients from seven states and Canada received scholarships, housing awar...

07/08/2026

Lawo To Highlights Dynamic Media Facility Support At IBC 2026

Share Copy link Facebook X Linkedin Bluesky Email...

07/08/2026

Kevin Trueblood to Return as SBE President

Share Copy link Facebook X Linkedin Bluesky Email...

07/08/2026

Riedel To Demo 'Live Production Experience At IBC 2026

Share Copy link Facebook X Linkedin Bluesky Email...

07/08/2026

LTN Enhances Live Event Master Control Capabilities

Share Copy link Facebook X Linkedin Bluesky Email...

07/08/2026

AI-Native Film Studio Launches in Toronto

Share Copy link Facebook X Linkedin Bluesky Email...

07/08/2026

Judge Orders Removal of Nexstar Employees from Tegna Board

Share Copy link Facebook X Linkedin Bluesky Email...

07/08/2026

Riedel Communications at IBC2026 Live Production Experien...

Riedel Communications at IBC2026: Live Production Experience Showcasing Integrated IP Production Workflows At IBC2026, Riedel Communications will bring modern ...

07/08/2026

Shotoku Showcases Expanding Aura PTZ Ecosystem and Award-...

Shotoku Showcases Expanding Aura PTZ Ecosystem and Award-Winning Swoop Robotic Crane at IBC2026 Shotoku Broadcast Systems will officially introduce its Aura fa...

07/08/2026

Cobalt Digital to Bring New and Enhanced Practical Soluti...

Highlights will include new Dante fiber connectivity, expanded IPMX capabilities and award-winning signal processing solutions Cobalt Digital, the leading des...

07/08/2026

Bob Moses Concert at Red Rocks Captured with URSA Cine 12K LF

Bob Moses Concert at Red Rocks Captured with URSA Cine 12K LF Brie Clayton August 6, 2026 0 Comments PYXIS 12K and URSA Cine 12K LF enable cinematic c...

07/08/2026

Use It or Else Is Not an AI Implementation Strategy

Use It or Else Is Not an AI Implementation Strategy Andy Marken August 6, 2026 0 Comments Source - Hitchhikers Guide to the Universe, Touchstone Pi...

07/08/2026

Commission accelerates IRIS deployment with enhanced security and expanded satellites network

On 6 August, the European Commission and the SpaceRISE consortium concluded nego...

07/08/2026

A date worth betraying your plans for The Traitors Ireland returns to screens Sunday, 30 August

The Traitors Ireland Uncloaked is also back with all the behind the scenes drama...

06/08/2026

USA Sports Rolls Into 2026 NASCAR Season With First Pace-Car Analyst on Selected Races

The broadcaster's 14-race schedule begins in Iowa and ends in November with ...

06/08/2026

SVG GameDay, Ep. 25: Chicago Bears Katlin Strange - Serving the Masses in the Windy City

In-venue and creative video staffers at the professional and collegiate level ha...

06/08/2026

Warner Bros Discovery's Anne Graham Details the Organization's Media-Ops and Metadata Consolidation Across Sports and Entertainment

As media organizations consolidate teams, technology platforms, and content libr...

06/08/2026

Dolby Vision 2 Begins Rollout on Selected 2026 Hisense TVs

Firmware updates introduce Dolby's next-generation picture engine, content-aware optimization, and new motion and ambient-light tools...

06/08/2026

TNT Sports Preps Wall-to-Wall Coverage of FIBA Women's Basketball World Cup 2026 from Sept. 4-13

TNT Sports will have wall-to-wall coverage of the upcoming FIBA Women's Bask...

06/08/2026

IBC 2026: swXtch.io Introduces groundSwXtch Software-Defined Multicast Overlay

swXtch.io (Stand 5.MR13) has unveiled groundSwXtch for Audio over IP (AoIP), a software application that lets broadcasters and media organizations move audio in...

06/08/2026

IBC 2026: Riedel Communications Showcases Integrated IP Production Workflows

At IBC2026, Riedel Communications (Stands: 10.A24, 10.A31, 10.A38) will bring modern media production to life with the Live Production Experience - a connected ...

06/08/2026

Sandy Grossman's Legacy as a Pioneering Director Earns Pro Football Hall of Fame's Pete Rozelle Award

The first live-sports director to receive the prestigious honor, eight-time Emmy...

06/08/2026

NBC Sports, Maryland Jockey Club Continue Partnership To Present Preakness Stakes Through 2032

NBC Sports will continue to present the Preakness Stakes on NBC and Peacock thro...

06/08/2026

IBC 2026: Cobalt Digital Brings New Practical Solutions to Evolving Broadcast Workflows

Cobalt Digital (Stand 8.F90) continues to reinforce its commitment to delivering...

06/08/2026

Wave Central Elevates Jeff Daubert to Director of Sales, Americas

Wave Central has promoted promotion Jeff Daubert to Director of Sales, Americas. In his expanded role, Daubert will lead Wave Central's sales strategy and ...

06/08/2026

KMH Integration Adds Architect Keith Hanadel to Expanding Full-Services Team

KMH Integration is expanding its ability to serve media, broadcast, and IT organizations by adding Keith Hanadel, an accomplished architect with decades of indu...

06/08/2026

Advanced Systems Group Promotes Michele Ferreira to Chief Business Officer

Advanced Systems Group (ASG) has promoted Michele Ferreira from Vice President of its Systems Integration team to the newly created position of Chief Business O...

06/08/2026

IBC2026: Appear Expands X, VX Platforms for Hybrid Live-Production Workflows

Demonstrations will include new JPEG XS, Dolby audio, cloud-gateway, stream-processing, and distribution capabilities...

06/08/2026

Live Media Group Acquires Gravity Media's U.S. Mobile-Production Assets, Adds Eight Units to Fleet

The deal includes three premium mobile units, engineering personnel, existing br...

06/08/2026

Broadcast Management Group, LiveU Power Vertical REMI Production for Amazon Prime's Obsessed Fest on TikTok

Broadcast Management Group produced Amazon Prime's inaugural Obsessed Fest a...

06/08/2026

IBC2026: Ikegami to Showcase Expanded UNICAM Camera and Monitoring Lineup

Exhibit will feature new variable-ND functionality, OLED viewfinders, remote-camera tools, and UHD production monitors...

06/08/2026

Sony Introduces FE 100-400mm Super-Telephoto Zoom Lens

Compact full-frame E-mount lens targets sports, wildlife, and other long-range shooting applications...

06/08/2026

Tennis Channel Lands Exclusive U.S. Coverage of 2026 International Tennis Hall of Fame Induction Ceremony

Live broadcast will honor Roger Federer and Mary Carillo on Aug. 29, with onsite...

06/08/2026

UTEP Upgrades Sun Bowl Stadium Video Display With Daktronics

End-zone board receives higher-resolution LED technology and an updated Show Control system ahead of the 2026 football season...

06/08/2026

Fender launch Fender Motion controllers

New 16- and 32-pad MIDI controllers now available Fender have just announced that the two new performance-focused controllers that were unveiled at NAMM 202...

06/08/2026

Lewitt update Space Replicator plug-in

Standalone version, performance improvements & more Lewitt have just released a significant update for their speaker and room virtualisation software, intro...

06/08/2026

Hallowed Bells from ebbandflow

Combines celeste samples with synth engine After launching earlier in 2026 with deFORM, ebbandflow have returned with their first sampled acoustic instrumen...

06/08/2026

SGL Carbon: Still on track to meet its 2026 annual targets

SGL Carbon's consolidated sales in the first half of 2026 totaled 394.2 million, down 13.0% from the prior year (H1 2025: 453.2 million). On the one hand,...

06/08/2026

BritBox & BBC's Poirot Origin Series Hercule' Reveals Cast

The BBC has announced casting for the forthcoming six-part series Hercule from Mammoth Screen and Agatha Christie Limited. Joining Bluemel are Henry Ashton (A ...

06/08/2026

FCC Votes to Modify TV Station Ownership Caps

Share Copy link Facebook X Linkedin Bluesky Email...

06/08/2026

LTN Showcases Live Event Master Control Capabilities for...

Proven offering builds on more than 20,000 live sporting events with greater automation, flexibility, and operational control LTN , the industry leader in tran...

06/08/2026

Hornets Tech brings new encoder and decoder range to IBC2...

Hornets Tech, a specialist in broadcast connectivity and IP video, is bringing a new range of encoders, decoders and an IPTV platform to IBC2026. Broadcast in...

06/08/2026

Introducing Adobe for ChatGPT: Create, edit and get work done - all in ChatGPT

Introducing Adobe for ChatGPT: Create, edit and get work done - all in ChatGPT Deepti Pradeep August 6, 2026 0 Comments The Adobe plugin in ChatGPT br...

06/08/2026

Hisense Adds Dolby Vision 2 to Select Models

Share Copy link Facebook X Linkedin Bluesky Email...

06/08/2026

MediaKind to showcase one unified portfolio at IBC2026

At IBC2026, MediaKind will make its first major appearance as a unified global powerhouse in video, showcasing one of the world's most comprehensive video i...

06/08/2026

Big Blue Marble to unveil AI-assisted piracy detection an...

Big Blue Marble (#5.A63) will demonstrate how its integrated technology and operational expertise help media companies scale premium services with less complexi...

06/08/2026

NIH expected to award Scripps Research nearly $4.2 million over 5 years to advance tools for vaccine design

LA JOLLA, CA-Scripps Research has received more than $500,000 in first-year fund...