KUALA LUMPUR: Astro Malaysia Holdings Bhd
said earnings almost doubled in the first quarter, but warned that prolonged Covid-19 lockdowns may impact its revenue.
Net profit in the three-month ended April 30 climbed 91% to RM141mil from RM73.8mil a year ago, mainly due to increased margins and lower net financing costs.
Revenue improved 1% to RM1.06bil, the company said in a filing with Bursa Malaysia today.
It has declared an interim dividend of 1.5 sen a share.
Earlier this month, Astro introduced two new streaming services: sooka featuring live sports and winning local content for millennials and Disney+ Hotstar.
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