APTT posts 2.4% rise in Q2 operating earnings

Singapore

ASIAN Pay Television Trust (APTT) reported a 2.4 per cent year-on-year rise in operating earnings (Ebitda) to S$50.4 million for the second quarter ended June 30, driven by higher revenue across each of the service offerings of TBC, a leading provider of pay-TV and broadband services in Taiwan.

Its total revenue grew 4.4 per cent to S$82.7 million. The board has declared an ordinary distribution of two cents per unit for the quarter ended June 30, to be paid out on Sept 25.