Malaysian pay-TV firm Astro posts 4% revenue increase amid ‘challenging environment’

Pay-TV giant Astro has reported a four per cent increase in revenue for the first half of the financial year in what the company describes as a “challenging operating environment” in its home market of Malaysia.

Group revenue climbed to RM2.7 billion (US$630 million), a four per cent increase for the first six months of the financial year ending 31 January 2016.

EBITDA (earnings before interest, tax, depreciation and amortisation), usually the fairest reflection of a company’s growth, was up seven per cent to RM962 million.

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