Result highlights for the third quarter of the financial year ending 31 January 2020 (Q3FY20):
Tun Zaki Azmi, Chairman of Astro, said: “Astro remains highly cash generative, cost disciplined and proactive in its capital management. The Board is pleased to declare a third interim dividend of 2 sen per share.”

Henry Tan, Chief Executive Officer of Astro said: “Despite a challenging media landscape, Astro continues to deliver solid PATAMI growth as we continue our journey to improve customer service, refresh our content, as well as enhancing home entertainment and personalisation on Astro GO. The newly launched Ultra Box saw good response with over 10,000 orders to-date. iQIYI launched its first app partnership outside China, with Astro taking lead in marketing, customer acquisition and media sales. With greater emphasis on video streaming services, we now have 3 exclusive streaming services - Astro GO, HBO GO and iQIYI.”

Key Operational Highlights:
Key Initiatives:


Outlook

The market remains challenging with structural changes in the global content, media and advertising industries, including threats of piracy and streaming wars. Astro’s focus is to strengthen its core Pay TV and NJOI businesses by redefining customer value propositions, elevating customer service, refreshing and aggregating the best content and streaming services. The company will leverage on its customer base to build new revenue adjacencies in commerce, broadband, digital and OTT, whilst maintaining disciplined cost optimisation.