Wednesday, March 31, 2010

Astro All Network Plc : Results In Line But Dividend Surprises On The Upside-31/03/2010

4Q core profit down 26.5% qoq. Excluding unrealised forex gains and a reorganisation exercise charge of RM25.3m for the Library, Licensing and Distribution segment, Astro’s 4Q core net profit of RM58.5m (-26.5% qoq) was within our but below consensus expectations with FY10 core net profit of RM193m accounting for 104% of our and 89% of consensus full-year estimates respectively.

Astro All Network Plc : Results In Line But Dividend Surprises On The Upside-31/03/2010

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