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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama