Asian Pay Television Trust Swings to Profit in Q2; Revenue Slips 3%
MT Newswires08-14
Asian Pay Television Trust's (SGX:S7OU) swung to an attributable profit of SG$9 million in the second quarter from a loss of SG$14.6 million a year earlier, according to a Thursday filing to the Singapore Exchange.
Earnings per share stood at SG$0.0050, versus loss per share of SG$0.0081 a year prior.
Total revenue in the quarter ended June 30 slipped 3.2% year over year to SG$58.9 million from SG$60.8 million, mainly due to lower basic cable TV subscription revenue.
The company declared a distribution of SG$0.004 per unit for the first half of 2026 and reaffirmed full-year distribution guidance at SG$0.008 per unit. The payment will be made on Sept. 25.
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