KUALA LUMPUR, Sept 21 — Astro Malaysia Holdings Bhd recorded a lower net profit of RM87.12 million in the second quarter ended July 31, 2021 from RM133.64 million in the same period a year ago.
Group chief executive officer Henry Tan said although Astro’s profit after tax and minority interest recorded a 10 per cent growth in the first half of the financial year ending January 31, 2022, the continuing lockdown and elevated content cost arising from Olympic Games Tokyo 2020 and Uefa Euro 2020 impacted the Patami for Q2FY2022.
On the outlook, Tan said Astro would be revitalising the brand, powering ahead in the transformation journey that encompasses its ambition to be the nation’s top aggregator of the best streaming services and enhancing local content by producing more premium Astro Originals.
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