Asian Pay Television Logs Lower Revenue in Q3

MT Newswires

2024/11/12

Asian Pay Television's (SGX:S7OU) revenue for the third quarter ended Sept. 30 was down 3% year over year to SG$63.7 million from SG$65.7 million, according to a filing with the Singapore Exchange on Tuesday.

The lower revenue was mainly due to weak performance from the basic cable TV and premium digital TV segments.

Total subscribers, however, increased to 1,339,000.

EBITDA was down 1.4% year over year to SG$37.4 million from SG$38.0 million.

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