Safe position: Debts undertaken by Astro have been hedged till maturity in both its principal and interest rates.
Lower net finance cost among reasons for higher net profit
PETALING JAYA: Astro Malaysia Holdings Bhd
’s net profit for its fourth quarter ended Jan 31, 2016 jumped 47% to RM203.77mil from RM139.97mil in the previous corresponding period mainly due to increase in earnings before interest, taxes, depreciation, and amortisation (ebitda) of RM27mil and lower net finance cost of RM30mil.
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