Astro slips into RM25.8mil net loss in Q2
KUALA LUMPUR: Astro Malaysia Holdings Bhd slipped into a net loss in the second quarter ended July 31, 2026 with a net loss of RM25.80 million, compared with a net profit of RM16.39 million a year ago.
Astro Malaysia Holdings Bhd reported a net loss of RM25.80 million in the second quarter, marking a shift from a net profit of RM16.39 million in the same period last year. The company's revenue decreased by 7.2% to RM633.75 million, down from RM683.21 million, primarily due to lower contributions from its subscription and advertising businesses.
Astro's revenue from television services dropped by RM49 million, or 7.5%, to RM606 million, while radio revenue declined marginally by RM0.4 million, or 1.4%. The company did not declare any dividend for the quarter.
Astro's interim group chief executive officer, Henry Tan, emphasized the company's focus on building a stronger and more future-ready business. Tan stated that Astro aims to reach more Malaysians, create greater value from its content and customer engagement, and develop new revenue streams in streaming, advertising, and adjacent businesses.
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