Malaysia’s Astro profits up 12%
December 15, 2014
By Chris Forrester
Malaysia’s Astro DTH pay-TV operator is performing well, with its latest Q3 numbers showing profits up 12 per cent y-o-y, at $108 million ($96.2m last year).
Revenues were $1.1 billion for the quarter, up 10 per cent on last year, with ARPU up 3 per cent to $28 per month.
Astro says the improved numbers are as a result of an increase in subscriptions, plus better ad-revenues. “Our performance was underpinned by customer base expansion, higher ARPU due to healthy take up of value-added products and services, growth in advertising income, as well as disciplined cost management,” said the company in its financial statement,
Astro has a subsscriber base (at end of Q3) of 4.3 million, with 1.9 million paying for HDTV services (a 45 per cent increase y-o-y), PVR ownership at 679,000 and multi-room ownership up 29 per cent to 372,000.