News Summary:
On April 22, 2026, Astro Kem Badminton (AKB) launched its 2026 edition in Selangor, initiating its first coaching clinic as part of an initiative with the Ministry of Education to discover and develop young badminton talent and strengthen grassroots development. Previously, on April 14, a report by Kenanga Investment Bank indicated a continued structural decline in the local legacy media industry, citing Nielsen data that showed traditional advertising expenditure (adex) contracted at a 3% compound annual growth rate between 2019 and 2025 due to a shift towards digital platforms. Earlier, on April 9, Astro celebrated ‘Puthandu,’ the Tamil New Year, by presenting a selection of local and international festive premieres across its TV, Astro GO, On Demand, and Sooka platforms. This followed the company's financial report on March 25, which indicated Astro Malaysia Holdings Berhad closed its fiscal year 2025 (FY26) with two consecutive quarters of revenue growth. Revenue rose 2% quarter-on-quarter (QoQ) to RM696 million in Q3FY26, followed by another 2% QoQ increase to RM713 million in Q4FY26, marking its strongest quarterly revenue for the financial year. Concurrently, its profit for Q4 increased to MYR24.07 million, or MYR0.005 per share, up from MYR10.48 million, or MYR0.002 per share, in the same period last year.
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