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Asian Pay TV returns to black
Published Tue, May 10, 2016 · 09:50 PM
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Singapore
MAINBOARD-LISTED Asian Pay Television Trust (APTT) has posted S$16.62 million in net profit attributable to unitholders for the first quarter ended March 31, reversing a net loss of S$5.56 million a year ago.
Revenue fell 5.4 per cent to S$77.8 million due mainly to lower basic cable TV revenue, APTT announced before the market opened on Tuesday.
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