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Asian Pay TV's 2Q20 net profit plunges 32.1% to $4.82 mil; declares DPU of 0.25 cents

Amala Balakrishner
Amala Balakrishner • 4 min read
Asian Pay TV's 2Q20 net profit plunges 32.1% to $4.82 mil; declares DPU of 0.25 cents
The quarter’s DPU was down from the DPU of 0.30 cents disbursed a year ago.
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Television services provider Asian Pay TV Trust (APTT) declared a distribution per unit (DPU) of 0.25 cents for 2Q20 ended June due to the larger number of units following the completion of its 1-for-4 renounceable non-underwritten Rights Issue.

The quarter’s DPU was down from the DPU of 0.30 cents disbursed a year ago.

APTT said in its results released on Aug 7 that it expects quarterly distribution to remain at 0.25 cents per unit until the end of 2020, subject to no material changes in planning assumptions.

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