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Commercial 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. is an investment company, which 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 business 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 2019 MYRUSD
Revenue5,479.04M1,353.06M
Gross Profit1,935.65M478.01M
Operating income976.93M241.25M
Income before tax650.34M160.60M
Net income462.92M114.31M
EBITDA2,070.78M511.38M
Diluted EPS0.080.02
Dividends Per Share0.090.02
Total Assets6,259.55M1,528.21M
Total liabilities5,580.65M1,362.46M
Total equity585.26M142.88M
Operating cash flow1,668.85M412.12M
Currency in MYRCurrency in USD

Historical Data

 Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019
Revenue 5,231.44M 5,475.37M 5,612.64M 5,530.75M 5,479.04M
Gross Profit 1,890.25M 2,099.37M 2,151.50M 2,260.86M 1,935.65M
Operating income 872.91M 1,102.67M 1,085.20M 1,130.12M 976.93M
Income before tax 727.53M 821.09M 843.74M 1,074.75M 650.34M
Net income 519.37M 615.31M 623.68M 770.63M 462.92M
EBITDA 2,083.26M 2,278.75M 2,176.93M 2,200.70M 2,070.78M
Diluted EPS 0.10 0.11 0.12 0.15 0.08
Dividends Per Share 0.11 0.12 0.12 0.12 0.09
Total Assets 6,731.32M 6,983.49M 6,360.37M 6,914.68M 6,259.55M
Total liabilities 6,017.11M 6,369.69M 5,730.56M 6,261.35M 5,580.65M
Total equity 693.77M 600.70M 623.41M 653.59M 585.26M
Operating cash flow 1,885.16M 1,748.39M 1,768.19M 1,822.17M 1,668.85M
 Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019
Revenue 1,587.81M 1,379.12M 1,351.56M 1,299.15M 1,353.06M
Gross Profit 573.71M 528.78M 518.09M 531.07M 478.01M
Operating income 264.94M 277.73M 261.32M 265.46M 241.25M
Income before tax 220.81M 206.81M 203.17M 252.45M 160.60M
Net income 157.63M 154.98M 150.18M 181.01M 114.31M
EBITDA 632.30M 573.96M 524.22M 516.93M 511.38M
Diluted EPS 0.03 0.02 0.02 0.03 0.02
Dividends Per Share 0.03 0.03 0.03 0.02 0.02
Total Assets 1,855.38M 1,680.74M 1,435.91M 1,774.01M 1,528.21M
Total liabilities 1,658.52M 1,533.01M 1,293.72M 1,606.40M 1,362.46M
Total equity 191.22M 144.57M 140.74M 167.68M 142.88M
Operating cash flow 572.17M 440.38M 425.79M 428.02M 412.12M

Valuation Measures

Jan 2019
PER18.91
ROA7.02%
ROE74.73%
Operating margin17.83%
Profit margin8.44%

Key executives

  • Chief Executive Officer: Poh Hock Tan
  • Chief Financial Officer: Shafiq Abdul Jabbar
  • Chief Executive Officer-Go Shop: Hwee Ling Lee
  • Chief Executive Officer-Astro Radio: Jake Abdullah
  • Director-Customer Sales: Alison Lau

Shareholders

  • KRISHNAN TATPARANANDAM ANANDA (40.5%)
  • Khazanah Nasional Bhd. (20.6%)
  • Harapan Terus Sdn. Bhd. (8.6%)
  • Employees Provident Fund (7.2%)
  • Permodalan Nasional Bhd. (5.6%)
  • The Vanguard Group, Inc. (0.9%)
  • Norges Bank Investment Management (0.9%)
  • Affin Hwang Asset Management Bhd. (0.4%)
  • Kumpulan Wang Persaraan (0.4%)
  • Westwood Global Investments LLC (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

  • Star Media Group Berhad
Last Updated on 22 May, 2020

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