BFM Podcast

Astro Expands It's Radio Assets

Tan KW
Publish date: Wed, 05 Oct 2016, 03:13 PM

The Morning Run Crew

05-Oct-16 13:56

 

Astro's earnings declined 8.6% y.o.y to RM126m, dragged down by higher content costs & broadcast of sporting events like Euro 2016. Its home-shopping segment is also making grounds, increasing 86% y.o.y, proving its popularity among consumers. Adding to its existing nine radio stations, Astro recently bought two additional new radio station licences from Star Media Group for approximately RM42m.

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment