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Consumer Services

Astro Malaysia Holdings Bhd.

Company Background

Astro Malaysia Holdings has a near-monopoly on pay-TV, radio, publications and digital media in its home market. More than half of Malaysia's TV-viewing households get the company's 170-plus channels, which are delivered through satellite dishes and over the Internet. Astro's programming includes both domestic and international content in multiple languages, including Chinese, English, Malay and Tamil.

 

Ananda Krishnan, a well-known businessman, owns a majority stake in Astro through his privately held company, Usaha Tegas. Krishnan's business interests span the telecommunications, energy, property and gaming sectors.

 

Astro is currently led by CEO Rohana Rozhan, an accountant who joined the company in the 1990s. The media group is in the process of launching a home shopping channel and broadening its TV programming to reach a wider audience in Southeast Asia.

Business Summary

Astro Malaysia Holdings Bhd. operates as an investment holding company. The firm engages in the provision of television services, radio services, film library licensing, content creation, aggregation and distribution, talent management, multimedia interactive services, digital, media and home shopping services. It operates through the following segments: Television, Radio, Home-Shopping, and Others. The Television segment provides content, creation, aggregation and distribution, magazine publication, and distribution and multimedia interactive services. The Radio segment offers radio broadcasting services. The Home-Shopping segment covers the Go Shop home-shopping business. The company was founded on February 14, 2012 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Jan 2022 MYRUSD
Revenue4,175.48M1,004.43M
Gross Profit1,424.58M342.69M
Operating income751.82M180.85M
Income before tax590.62M142.07M
Net income460.87M110.86M
EBITDA1,608.40M386.91M
Diluted EPS0.080.02
Dividends Per Share0.060.01
Total Assets5,324.79M1,272.19M
Total liabilities4,121.03M984.59M
Total equity1,135.10M271.19M
Operating cash flow1,198.46M288.29M
Currency in MYRCurrency in USD

Historical Data

 Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022
Revenue 5,530.75M 5,479.04M 4,911.80M 4,359.66M 4,175.48M
Gross Profit 2,260.86M 1,935.65M 1,895.56M 1,619.80M 1,424.58M
Operating income 1,130.12M 976.93M 1,070.80M 875.47M 751.82M
Income before tax 1,074.75M 650.34M 862.59M 692.96M 590.62M
Net income 770.63M 462.92M 655.29M 539.84M 460.87M
EBITDA 2,200.70M 2,070.78M 2,138.30M 1,812.39M 1,608.40M
Diluted EPS 0.15 0.08 0.12 0.10 0.08
Dividends Per Share 0.12 0.09 0.07 0.08 0.06
Total Assets 6,914.68M 6,259.55M 6,198.41M 5,785.22M 5,324.79M
Total liabilities 6,261.35M 5,580.65M 5,259.65M 4,636.45M 4,121.03M
Total equity 653.59M 585.26M 855.80M 1,077.83M 1,135.10M
Operating cash flow 1,822.17M 1,668.85M 1,455.19M 1,567.74M 1,198.46M
 Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022
Revenue 1,299.15M 1,353.06M 1,186.51M 1,037.99M 1,004.43M
Gross Profit 531.07M 478.01M 457.89M 385.66M 342.69M
Operating income 265.46M 241.25M 258.66M 208.44M 180.85M
Income before tax 252.45M 160.60M 208.37M 164.98M 142.07M
Net income 181.01M 114.31M 158.29M 128.53M 110.86M
EBITDA 516.93M 511.38M 516.53M 431.51M 386.91M
Diluted EPS 0.03 0.02 0.03 0.02 0.02
Dividends Per Share 0.02 0.02 0.01 0.01 0.01
Total Assets 1,774.01M 1,528.21M 1,512.54M 1,431.10M 1,272.19M
Total liabilities 1,606.40M 1,362.46M 1,283.46M 1,146.92M 984.59M
Total equity 167.68M 142.88M 208.83M 266.62M 271.19M
Operating cash flow 428.02M 412.12M 351.52M 373.26M 288.29M

Valuation Measures

Jan 2022
PER10.85
ROA8.29%
ROE41.65%
Operating margin18.00%
Profit margin11.03%

Key executives

  • Group Chief Executive Officer: Poh Hock Tan
  • Group Chief Operating Officer & CEO-TV: Euan Smith
  • Group Chief Financial Officer: Shafiq Abdul Jabbar
  • Chief Technology Officer: Mauro di Pietro Paolo
  • Chief Executive Officer-Go Shop: Yen Wah Lim

Shareholders

  • KRISHNAN TATPARANANDAM ANANDA (41.2%)
  • Khazanah Nasional Bhd. (20.6%)
  • Harapan Terus Sdn. Bhd. (8.6%)
  • Permodalan Nasional Bhd. (6.4%)
  • Employees Provident Fund (6.2%)
  • The Vanguard Group, Inc. (0.8%)
  • Kumpulan Wang Persaraan (0.8%)
  • KOO KOW KIANG (0.5%)
  • Mellon Investments Corp. (0.5%)
  • Terengganu Islam Foundation (0.3%)

Contact Details

  • Website:http://corporate.astro.com.my
  • Address: 3rd Floor, Administration Building, All Asia Broadcast Centre, Kuala Lumpur, 57000, Malaysia
  • Phone: +60.3.9543.6688

Related Companies

  • Astro Awani Network Sdn. Bhd.
  • Maestra Broadcast Sdn. Bhd.
  • Astro Radio Sdn. Bhd.
  • Astro (Brunei) Sdn. Bhd.
  • Astro Television Network System Sdn. Bhd.
  • Mbns Multimedia Technologies Sdn. Bhd.
  • Astro Digital Sdn. Bhd.
  • Astro Retail Ventures Sdn. Bhd.
  • Astro Production Services Sdn. Bhd.
  • Astro Sports Marketing Sdn. Bhd.
  • MEASAT Broadcast Network Systems Sdn. Bhd.

Competitors

    Last Updated on 29 Sep, 2022

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