Kuala Lumpur: Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2026 fell to RM63.13 million from RM129.15 million registered in the previous year.
Revenue for the year under review declined to RM2.79 billion from RM3.08 billion a year ago.
“Decrease in the revenue was mainly due to a decrease in subscription revenue, advertising revenue, rental income and sales of programming rights,” it said in a filing with Bursa Malaysia.
For the fourth quarter ended Jan 31, 2026, Astro’s net profit increased to RM24.07 million from RM10.5 million in the preceding year’s corresponding quarter, while revenue for the current quarter recorded a decline of RM53.5 million or 7.0 per cent to RM712.9 million, compared to RM766.4 million in the corresponding quarter last year.
Astro attributed the decrease in the revenue to the lower subscription revenue and advertising revenue.
As at Jan 31, 2026, the group had total assets of RM4.97 billion against RM5.48 billion as at Jan, 31 2025, a decrease of RM509.9 million or 9.3 per cent.
The declined in total assets was primarily due to a reduction in investment in unit trusts by RM408.9 million, tax recoverable by RM42.7 million and receivables by RM48.1 million.
The group’s total liabilities decreased by RM562.8 million or 13.4 per cent to RM3.64 billion compared to RM4.2 billion as of Jan 31, 2025.
The reduction in total liabilities was mainly driven by a decrease in borrowings by RM626.9 million, resulting from lower lease liabilities due to repayment of lease liabilities and term loans during the year and favourable unrealised foreign exchange.
