
Astro Posts Strong Recovery: Q1FY22 PATAMI 91%
Date Released:22 Jun 2021
Share
Tweet
Media Pack
Kicking off an action-packed year with sooka, Disney Hotstar, UEFA EURO 2020 & Olympic Games Tokyo 2020
Astro Malaysia Holdings Berhad | Result highlights for the first quarter of the financial year ending 31 January 2022 (Q1FY22)
Revenue 1% y-o-y to RM1.06bn
PATAMI 91% y-o-y to RM141mn
Adex 21% y-o-y to RM109mn
Go Shop 21% y-o-y to RM115mn
First interim dividend of 1.5 sen per share
Tun Zaki Azmi, Chairman of Astro, said: Astro posted strong recovery in Q1FY22 amid reimposition of lockdown. Astro continued to be cash generative, cost disciplined and proactive in its capital management. The Board has declared a first interim dividend of 1.5 sen per share.
Henry Tan, Group Chief Executive Officer of Astro said: FY22 promises to be an action-packed year. We continue to execute on our strategy and in June, we introduced 2 new streaming services: sooka featuring live sports and winning local content for millennials and Disney Hotstar with amazing content at an incredible value. Customers can look forward to more exciting additions as we push ahead with our ambition to be Malaysia's #1 aggregator of the best streaming services.
Our Ultra and Ulti Box, already in over 300k homes are giving customers a new viewing experience. Astro GO, enhanced with pre-access' and download' features, has 1.4mn monthly active users with an average weekly viewing time of 213 minutes, while On Demand videos streamed tripled to 100mn. Our broadband base grew around 80% y-o-y, as more customers bundled broadband with their content packages for convenience and value.
Key Highlights
Disney Hotstar: Our Movies Pack customers can now stream more than 800 films and 18,000 episodes of Disney's amazing content on Disney Hotstar at an incredible value
sooka: The newest streaming service uniquely targeted at Malaysian millennials. In addition to the free tier, viewers can unlock the world's best live sports, record-setting local entertainment and exclusive sooka originals at affordable price points
Compelling Astro Originals:
Latest #1 drama, Rindu Awak Separuh Nyawa (2.3mn TV Viewership) and Projek: Anchor SPM (616k TV Viewership) are resonating with younger digital natives with bold and edgy storytelling. Projek: Anchor SPM recorded over 1mn episodes streamed, 123mn views on TikTok and a total social media reach of 139mn
Muzikal Lawak Superstar 2 (1.7mn TV Viewership)
The Maid (877k TV Viewership)
Sepahtu Reunion Al Puasa 2021 (870k TV Viewership)
Astro First, the destination for local films:
#1 local film, 18 Puasa Di Kampong Pisang (RM5.0mn)
Penunggang Agama (RM3.0mn)
Hantu Bonceng 2.0 (RM2.1mn)
Astro First revenue jumped 83% y-o-y to RM11.2mn
Biggest Sporting Events in 4K HDR:
Sports Pack customers will get more value and the most premium viewing experience with this year's biggest sporting events - the UEFA EURO 2020 and selected Olympic Games Tokyo 2020 events in 4K HDR (High Dynamic Range) and Dolby Atmos on the Ultra Box.
Astro brings the best coverage of the Olympics over 13 dedicated HD channels, with exclusive coverage of Malaysian athletes' key moments on Astro Arena
ADEX Recovers: Underpinned by live vernacular signatures and compelling Astro Originals, Adex grew 21% y-o-y to RM109mn, outperforming the 9% advertising industry growth. However, the ongoing lockdowns continue to dampen revenue performance in Adex, where clients have been cautious; and in the Commercial Establishment and Hotel business, impacted by low traffic and occupancy. TV viewership share was stable at 72%. Radex, TV Adex and Digital Adex share stood at 78%, 39% and 3% respectively. Astro Radio brands continued to rank No. 1 across all languages, reaching 17mn weekly radio listeners (FM and digital), while Astro digital brands registered over 13mn monthly unique visitors
Reinventing Radio: Plans are underway to reinvent and digitise radio with a focus on everything audio - including podcasts and customised content for the new generation of streamers and digital natives
Go Shop Serves More Online Shoppers: Registered customers rose 23% y-o-y to 2.9mn and Q1 revenue increased by 21% to RM115mn
Social Impact: Astro currently ranks among the top 10 percentile of media companies worldwide as assessed by FTSE Russell for overall ESG rating in 2020. Astro continues to fulfil its ESG commitments encompassing environmental responsibility, positive social impact and good governance with these initiatives:
Continuous investment in our education initiatives to offer Tutor TV, TVIQ and TV Pendidikan for 5mn students nationwide
Over 16,000 hours of Public Service Announcements yearly and discrediting fake news across TV, radio and digital platforms
Complimentary viewing of selected channels during the various lockdowns
NJOI decoders and TV sets for COVID-19 Quarantine and Low-Risk Treatment Centres nationwide to keep patients informed and entertained
Laptops for students at SK Magandai and SK Malinsau in Sabah; and SK Sungai Paku in Sarawak to make online education content accessible
Outlook
The operating environment remains challenging amid nationwide lockdowns, even as Malaysia rolls out its vaccination programme. Prolonged lockdowns may impact Astro's revenue, in particular advertising and enterprise revenue.
As we celebrate being 25 years young this year, we are revitalising our brand and powering ahead in our transformation journey that encompasses:
our ambition to be Malaysia's #1 aggregator of the best streaming services,
enhancing local content by producing more premium Astro Originals,
seizing opportunities for adjacencies in commerce, broadband and digital, and
realisation of our reimagined business models and technology with the evolving ecosystem
Most recent headlines
13/03/2025
WASHINGTON FCC Chairman Brendan Carr announced that the agency has launched a massive, new deregulatory initiative that could potentially subject virtually all ...
13/03/2025
SUNNYVALE, Calif. SDVI has announced that it has integrated its Rally media supply chain management platform with the Spectra Vail multi-cloud data management s...
13/03/2025
ATLANTA Gray Media has announced that the Federal Communications Commission (FCC) has granted a waiver of its local ownership rules to permit Gray Media to acqu...
13/03/2025
TV Tech: What do you anticipate will be the most significant technology trends at the 2025 NAB Show?...
13/03/2025
Watch Student Naomi Soleils Folk Pop Performance on The Voice The songwriting major sang Stars by Grace Potter and the Nocturnals during the blind auditions.
...
12/03/2025
O Spotify acaba de lan ar o relat rio Loud & Clear deste ano, uma vis o transpar...
12/03/2025
Spotify acaba de presentar el informe Loud & Clear de este a o, una mirada trans...
12/03/2025
Ramadan, a period of profound spiritual significance for Muslims worldwide, is a time for fasting, prayer, reflection, and community. Enrich your experience thi...
12/03/2025
Spotify has just unveiled this year's Loud & Clear report, a transparent loo...
12/03/2025
More than 70% of FAST programming has been produced since 2010, according to new Gracenote report
NEW YORK March 12, 2025 Gracenote, the content data busin...
12/03/2025
GEONA, Nev. Independent digital and linear advertising rep firm Viamedia will adopt cloud-based ShowSeeker Pilot as its primary ad campaign and order management...
12/03/2025
BRUSSELS Mediagenix has announced that Wael Yasin has joined the company as sales director Central Europe....
12/03/2025
LONDON A new study highlights opportunities for shoppable TV and the massive impact online consumer spending is having on the economy, with Omdia predicting tha...
12/03/2025
CUPERTINO, Calif. Interra Systems has announced that Comcast Technology Solutions has integrated recent updates to BATON Version 9 into its operations....
12/03/2025
Nevion announces new 400G addition to its eMerge SDN media fabric offering
Brie Clayton March 12, 2025
0 Comments
High-capacity switch enhances existi...
12/03/2025
DaVinci Resolve Studio Delivers Cinematic Sound for Adam Bol
Brie Clayton March 12, 2025
0 Comments
Feature film relies on DaVinci Resolve Studio for ...
12/03/2025
SVT Leverages Ateliere Live to Pioneer 100% Software-Defined Production at Rally...
12/03/2025
Berklee Awards Fenway Neighborhood Improvement Grant to Four Organizations A total of $17,000 will be distributed among the Boston-based nonprofits.
By
Madd...
12/03/2025
TVBEuropes Jenny Priestley sits down with new SMPTE president Richard Welsh to discuss his aims for the organisation going forward, its efforts to attract a you...
12/03/2025
The new process has significantly enhanced operational efficiencies, with automation freeing up creators to concentrate on higher value tasks
By Matthew Corrig...
12/03/2025
Jellyfish Pictures, which has offices in London and Sheffield, said it has been battling hard in the face of strong headwinds over the last 12 months
By Jenny ...
12/03/2025
Visit Booth #W2213 to Experience the Latest in AI-Driven Content Discovery and Workflow Automation
Bitcentral, a leader in media workflow solutions, is set to ...
12/03/2025
CHICAGO Jeff Lilly has been named WGN-TV director of technology effective March 17, 2025, according to Ric Harris, WGN-TV vice president and general manager....
12/03/2025
MOUNTAIN VIEW, Calif. A new study from LG Ad Solutions indicates that consumers want more features that would allow them to shop for products on the connected T...
12/03/2025
BOTHELL, Wash. The Alliance for IP Media Solutions (AIMS), Advanced Media Workflow Association (AMWA) and the Video Services Forum (VSF) will once again present...
12/03/2025
PHILADELPHIA Comcast announced that it has upgraded Xfinity Internet speeds for more than 20 million customers for no additional cost....
12/03/2025
Create with Maxon: Cinema 4D Fundamentals Workshop - March 12-14
Brie Clayton March 11, 2025
0 Comments
Makin' Waffles with Elly Wade
During Marc...
12/03/2025
Ottawa, Canada - March 12, 2025 - Ross Video is pleased to announce the appointment of Aaron Tunnell as Business Development Director, Cloud Solutions, reinforc...
12/03/2025
12 Mar 2025
VEON to release 4Q 2024 trading update on 20 March 2025 Dubai, 12 March 2025 - VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms ...
12/03/2025
Getting set for the Winter Olympics: Inside SVT's ongoing software-based pro...
12/03/2025
THE PLAYERS Championship 2025: AI Commentary, Shared-Reality Viewing at COSM, La...
12/03/2025
Seamless SMPTE 2110: A Discussion on Making the Move to IP Less Painful Leaders from Netflix, Monumental Sports & Entertainment, LinkedI, and Megapixel address ...
12/03/2025
Opening Doors of Perception: Meta's Ajit Ninan on Rethinking AR/MR Perceptua...
12/03/2025
With the 2025 Formula 1 season set to begin in Melbourne on March 16, Sky Sports is gearing up to deliver its most comprehensive F1 coverage yet. Following a th...
12/03/2025
Unicanal and Trece TV revolutionize Digital TV in Paraguay with Rohde & Schwarz ...
12/03/2025
Honoring Service, Celebrating Sport: Rohde & Schwarz UK Sponsors NavyFit Rugby D...
12/03/2025
New HVS-Q12 Represents a Quantum Leap in Switcher Design...
12/03/2025
Telespazio and ABS Expand Partnership to Deliver Tailored C-Band Connectivity So...
12/03/2025
ABC conducts independent audits across the TAG programs. In the March 2025 TAG s...
12/03/2025
Facebook
Twitter
LinkedIn
Moonlight: ESA program to create a satellite con...
12/03/2025
Facebook
Twitter
LinkedIn
In 2025, Thales ranks among the top 0.01% of the...
12/03/2025
Consumer show back following hugely successful first series
10 March 2025 Following a hugely successful first series, The Complaints Bureau returns to RT ...
11/03/2025
By Lucy Spicer
One of the most exciting things about the Sundance Film Festival...
11/03/2025
Salsa is making a comeback, captivating new listeners with its infectious energy...
11/03/2025
For many people, music can serve as a reflection of their roots and upbringing. ...
11/03/2025
The solution delivers reliable, scalable and secure connectivity for critical pu...
11/03/2025
SAN JOSE, Calif. Harmonic has announced that Weigel Broadcasting has deployed Harmonics VOS Media Software, which offers playout-to-delivery capabilities, inclu...
11/03/2025
NEW BERN, N.C. Wheatstone will introduce a Linux audio driver for its WheatNet IP audio network during the 2025 NAB Show, April 5-9, at the Las Vegas Convention...
11/03/2025
NEW YORK A new study finds that as TV viewership for women's sports surged by 131% in 2024, the programming also saw a 56% year-over-year increase in ad im...
11/03/2025
Powerful switcher for news studio
FOR-A, a cutting-edge video broadcast technology company backed by more than 50 years experience, has installed its HVS-1200 ...