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.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
