Astro Malaysia Holdings Bhd’s net profit eased to RM539.85 million in the financial year ended January 31, 2021 from RM655.30 million in FY20. — Reuters picKUALA LUMPUR, March 25 — Astro Malaysia Holdings Bhd’s net profit eased to RM539.85 million in the financial year ended January 31, 2021 from RM655.30 million in FY20, mainly due to the decrease in earnings before interest, taxes, depreciation, and amortisation .
In a filing with Bursa Malaysia today, it said the lower net profit for the financial year was offset by lower tax expenses, amortisation of software, depreciation of property, plant and equipment and net finance costs. Despite the restrictions in January 2021, Astro’s advertisement expenditure recovered, underpinning a commendable FY21 Adex of RM428 million, while television viewership share was stable at 73 per cent.
Following its performance for FY21, Astro has declared a fourth interim dividend of 1.5 sen per share and proposed a final dividend of 2.5 sen per share, rewarding its shareholders with a full-year dividend of 8.0 sen per share, higher from the dividend of 7.5 sen per share in FY20.