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...

04/08/2026

Dalet Announces Commercial Availability of Dalia, Bringing Media-Aware Agentic AI to Enterprise Productions

Dalet, a leading technology and service provider for media-rich organizations, t...

23/07/2026

Brian Jones Named NCTCs New CFO

Share Copy link Facebook X Linkedin Bluesky Email...

23/07/2026

Scripps Unites TV Operations Under Dean Littleton's Leadership

Share Copy link Facebook X Linkedin Bluesky Email...

23/07/2026

2D House is First North American Rental Facility to Offer...

David Dvir, 2D founder (left), Sundeep Reddy (center), and Jean-Marc Bouchut (right), both of Zeiss...

23/07/2026

Screen Australia announces new national documentary accelerator program

Screen Australia announces new national documentary accelerator program 23 July 2026 Screen Australia has today announced the Above the Line Documentary Accel...

22/07/2026

ESPN's AutoMic Technology Pays Off at Wimbledon; Baker Credits Team, AELTC for Successful Fortnight

Among other tweaks to coverage, the broadcaster added announce positions in the ...

22/07/2026

Australian Sports Technologies Network Reports Industry Growth of 16% in 2026

The Australian Sports Technologies Network (ASTN) has reported a sharp acceleration in Australia's sportstech sector, with revenue growth rising from 10% in...

22/07/2026

Production Wins, Man!': Men in Blazers' Founder Roger Bennett on Winning the FIFA World Cup as a Digital Media Brand

From a retrofitted broadcast bus to packed Match Day Live! events, Bennett detai...

22/07/2026

TMRW Sports Appoints Brendan Donohue as President, Flag Football

TMRW Sports has named Brendan Donohue as President, Flag Football, where he will lead the company's professional flag football business in partnership with ...

22/07/2026

Stephen Arnold Music Creates Audio for FIFA World Cup Projection Mapping Display at Rockefeller Center

Stephen Arnold Music (SAM) designed and produced soundtracks for nine projection...

22/07/2026

Harmonic Donates $25,000 to Venezuela Earthquake Relief Through Global Empowerment Mission

Harmonic has announced a $25,000 donation to Global Empowerment Mission (GEM) fo...

22/07/2026

Telemundo Acquires Exclusive U.S. Spanish-Language Rights to UEFA Mens Club Competitions Beginning 2027/28

Telemundo has announced it has acquired from UC3 exclusive U.S. Spanish-language...

22/07/2026

The Rest Is Football Returns to Netflix for 2026/27 Premier League Season Through 2028 European Championship

The Rest Is Football, hosted by Gary Lineker, Alan Shearer, and Micah Richards, ...

22/07/2026

Sports Studio and TheSoul Group Announce YouTube and Social Distribution Partnership

Sports Studio has announced a partnership with TheSoul Group to distribute Free ...

22/07/2026

Daktronics Concludes 2026 High School Video Summit

Daktronics has concluded its 2026 High School Video Summit, a two-day hybrid event combining virtual sessions with hands-on host school visits across the countr...

22/07/2026

FOR-A America to Exhibit at MMCA 2026 with First U.S. HVS-Q12 Sale Announced

FOR-A America will exhibit at the MMCA Show in Pensacola, Florida (July 21-24), marking the company's first appearance at the house of worship AV event. FOR...

22/07/2026

New York Yankees Select Lumen Technologies for Stadium and Data Center Connectivity

The New York Yankees have selected Lumen Technologies (NYSE: LUMN) to connect Ya...

22/07/2026

IBC 2026: Calrec To Exhibit IP Audio Ecosystem, Announce New Products

Calrec will exhibit at IBC 2026 (Stand 8.C47) with demonstrations of its IP-native audio ecosystem built around the Argo console range, and will announce two ne...

22/07/2026

Solid State Logic Appoints Algam EKO as Italian Distributor

Solid State Logic has announced the appointment of Algam EKO as its distributor for SSL large format consoles in Italy, covering the Live, Broadcast, and Studio...

22/07/2026

FloSports Launches Free Streaming Channel on Prime Video

FloSports has announced the launch of the FloSports Channel, a free ad-supported streaming channel premiering on Prime Video in the U.S. on July 21. The channel...

22/07/2026

Savannah Bananas Deploys Calrec Audio Infrastructure for Banana Ball TV REMI Broadcasts

Banana Ball TV (BTV), the broadcast operation of the Savannah Bananas, has insta...

22/07/2026

SiriusXM and Audacy Announce Agreement To Add 42 Local Stations to SiriusXM

SiriusXM and Audacy have announced an agreement bringing 42 Audacy sports, news, and talk stations from 29 U.S. markets to SiriusXM. Twenty-three Audacy sports ...

22/07/2026

Overtime, FOX One Partner on Social-First FIFA World Cup Series Race to Glory for the Creator Generation

The collaboration produced more than 500 short-form videos across four cities th...

22/07/2026

Green Bay Packers Escalate In-House Video Production With New Content Studio

At 2,600 sq. ft., the new home of digital content houses a main studio, podcast space, and an auxiliary control room NFL franchises are accelerating their prod...

22/07/2026

ERA II Vocal Codex from Eduardo Tarilonte

Library now available in Engine Player Another of Eduardo Tarilonte's popular sample libraries has just been moved over to Engine Audio's Engine Pla...

22/07/2026

Cloudvocals improved FlashTrack FT-15 DSP Microphone

All-in-one mic & DSP interface overhauled Cloudvocal have just refreshed the design of their all-in-one mic, audio interface and DSP processor, introducing ...

22/07/2026

Electro-Harmonix launch the Deluxe Big Muff Pi 2

The final boss of the lost dual-op-amp circuit Electro-Harmonix have just introduced the Deluxe Big Muff Pi 2, which they say offers their latest take on t...

22/07/2026

Clear-Com Delivers Integrated Communications for Fryderyk Awards Gala in Krakw

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

22/07/2026

IAB Tech Lab Updates Podcast Technical Measurement Guidelines

Share Copy link Facebook X Linkedin Bluesky Email...

22/07/2026

FCC Adopts Plan for C-Band Auction in July 2027

Share Copy link Facebook X Linkedin Bluesky Email...

22/07/2026

LTN surpasses 3000 satellite-to-IP migrations as FCC vote...

Proven managed IP solution helps broadcasters confidently navigate the future of broadcast distribution LTN announces it has completed successful satellite-to-...

22/07/2026

Chaos Releases V-Ray 7 Update 4 Connecting Real-Time Work...

Today, Chaos announced V-Ray 7, update 4, eliminating the need for asset conversions and tool switching, which slow down media and entertainment pipelines. Arti...

22/07/2026

An AI playground for the Project Indigo camera app

An AI playground for the Project Indigo camera app Marc Levoy July 22, 2026 0 Comments At left is the user interface of our Playground, running on an ...

22/07/2026

RTS Chooses Custom Consoles Desks and MediaWalls for Stud...

Custom Consoles announces the completion of a large technical furniture project for Radio T l vision Suisse (RTS) at the networks recently inaugurated productio...

22/07/2026

Graham Media's WDIV Opens Satellite Newsroom/Coffee Shop

Share Copy link Facebook X Linkedin Bluesky Email...

22/07/2026

FCC Approves License Transfer of WTVQ-DT to Scripps

Share Copy link Facebook X Linkedin Bluesky Email...

22/07/2026

Spectrum Reach Expands Operations in N.Y.

Share Copy link Facebook X Linkedin Bluesky Email...

22/07/2026

Miris spatial streaming platform adds support for glTF in...

Culver City, CA, July 21, 2026 3D streaming infrastructure provider Miris today announced glTF intake, including the binary .glb form, to its spatial streamin...

22/07/2026

Documentary Lo Invisible Captured with Blackmagic PYXIS 6K

Documentary Lo Invisible Captured with Blackmagic PYXIS 6K Brie Clayton July 21, 2026 0 Comments Camera's versatile design allowed filmmakers to c...

22/07/2026

AAF Bridge converts AAF and XML Timelines to Ableton Live - and back

AAF Bridge converts AAF and XML Timelines to Ableton Live - and back Jerome Gardier July 21, 2026 0 Comments A two-way converter for macOS and Windows...

22/07/2026

From Class to Concert: Explore a Student-Led Production of David Bowies Work Through Photos

From Class to Concert: Explore a Student-Led Production of David Bowies Work Thr...

22/07/2026

NVIDIA AI Supercomputer Comes Online at Naval Postgraduate School

NVIDIA founder and CEO Jensen Huang today visited the Naval Postgraduate School in Monterey, California, to commission an NVIDIA DGX GB300 system - bringing one...

22/07/2026

Sky Documentaries announces The Salisbury Poisonings: A Spy Next Door

A poisoned spy, a secret war, and a small English city contaminated by a deadly chemical weapon. Available on Sky Documentaries from 4 AugustWednesday 22 July 2...

22/07/2026

Audio at Parity: Comscore Launches Transcript-Level Targeting and Measurement with Spotify, SiriusXM, Triton Digital, Acast, and Libysn

Audio at Parity: Comscore Launches Transcript-Level Targeting and Measurement wi...

22/07/2026

Arvato Systems and Lobster Enter into a Partnership

Arvato Systems and Lobster Enter into a Partnership and Combine the Integration Platform and Managed Services Flexible integration solutions for cloud, hybrid...