Asian Pay Television Trust reports 3QFY2024 ebitda of $37.4 mil, 1.4% lower y-o-y

Asian Pay Television Trust (APTT) has reported revenue of $63.7 million for the 3QFY2024 ended Sept 30, 3% lower y-o-y.

Revenue for basic cable TV fell by 5.2% y-o-y to $43.5 million mainly due to lower subscription revenue from a decline in the number of subscribers and lower average revenue per user (ARPU). In constant currency terms compared with the NT$, revenue for basic cable TV would have been down by 1.2%.