PETALING JAYA: Astro Malaysia Holdings Bhd
posted a 20% quarter-on-quarter (q-o-q) jump in net profit to RM127mil for its fourth quarter of the financial year ended Jan 31, 2022 (Q4’22), after taking into account the impact of “Cukai Makmur” (Prosperity Tax) in FY22.
In a statement, the group pointed out that advertising expenditure (adex) had increased 56% q-o-q to RM146mil, lifted by economic recovery and the resumption of signature productions.
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!
